How We Select the Fastest Paying Casinos
Here’s how we select which online casinos have the fastest payout speed:
When choosing a suitable online casino site, players have several agenda items at the top of their tick-list such as, games portfolios, bonuses and promotions, payment options and software providers, but one of the most important questions will be, how fast can I get my winnings? Joining a new online casino is fun and exciting, there are new bonuses to claim, new games to test out, lots of promotions to participate in, but no player wants to sink their hard-earned cash into playing only to find it takes forever to withdraw their winnings.
Due to increasing player demand for speedier withdrawals, many online casinos have responded by upping their game and providing competitive processing times. Our team of experts have been on the hunt for the fastest paying casinos which offer the safest and most efficient deposit and withdrawal methods.
Our list of recommended fastest paying casinos is regularly reviewed and updated
We provide honest and unbiased expert reviews about each of the online casinos
All recommended casinos are licensed and regulated, ensuring safe online gambling
The fastest paying casinos also need to be able to offer all of the top features that online casino players expect from a site these days, so our team has left no stone unturned in their hunt for the casinos offering the swiftest of payouts. Only the best have made it onto our updated list of fast paying casinos:
Many of the top fastest paying casinos will offer a broad range of payment methods in the effort to suit every player, regardless of the country they reside or banking options they have available.
Some methods may prove faster than others, this may depend on the casino’s processing times and/or the banking provider a player uses. Let’s take a look at the more preferable options providing faster payouts on average:
These are not all of the payment methods on offer, just the fastest on average. Here is a breakdown of the above methods:
Neteller – a popular e-wallet, known for its safe and secure money transfers, Neteller is widely available at many of the best online casinos. It’s important to check any promotional terms as Neteller deposits can sometimes be deemed ineligible when claiming casino bonuses.
PayPal – one of the most trusted and secure payment methods available to online casino players, enabling simple deposits and speedy withdrawals whilst storing multiple accounts in one e-wallet. As with other e-wallets, may sometimes be deemed ineligible deposit method to claim casino bonuses. (1)
PayPal, an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers and serves as an electronic alternative to traditional paper methods such as cheques and money orders. . .PayPal
Skrill – another safe and secure e-wallet widely available to online gamblers, known for swift and reliable online transactions. It’s free to join, however, fees are applicable for topping up and withdrawing from your Skrill account. May be deemed ineligible deposit method for claiming casino bonuses.
Bitcoin – not as widely available as other payment options, however, popularity is increasing due its instantaneous response times. Occasionally, there may be a slight delay caused by the blockchain processing time.
Trustly – a widely available and popular payment method amongst casino players for its secure intermediary service that enables players to deposit and withdraw safely without sharing any personal or financial information with the online casino.
Debit Cards – one of the more popular methods for deposits and withdrawals and widely available at most online casinos. Processing times may take 1-3 days at fast paying casinos, whereas typically, they take 3-5 days.
Credit Cards – widely available at most online casinos, however, due to legislation changes many of the UK online casinos have ceased to accept this payment method. Credit cards may be processed at fast paying casinos within 1-3 days but are not quite as fast as e-wallets. (2)
It was confirmed that the use of credit cards for online gambling will be banned from April 2020. While the industry has anticipated this move for a while, it still signals a major shake-up. . .EGR Global
Players may prefer to use other methods available such as Paysafecard or Bank Transfers, however these will not be quite as fast as the above methods.
Paysafecard – a popular prepaid card/voucher which transfers money instantly and fee-free, however, only accepted as a deposit method and online casinos will not withdraw to it.
Bank Transfer – safe and secure method for withdrawing funds, however, well-known for its long processing times which can reach up to 7 days.
All reputable online casinos are obliged to safeguard themselves against fraudulent activity and provide a safe and fair gambling experience for all of its players by conducting ID verification checks on each of their customers.
ID documentation required will usually include photo ID such as a passport or driving license, proof of address such as a recent utility bill, source of funds such as a bank statement. . .
More often than not, players are asked to submit documentation as part of the sign-up process, however, if these have not been sent or verified then you may not be able to withdraw any winnings from the online casino regardless of it being a fast paying site.
Most sites will indicate a ‘pending status’ time frame, this is most often 1-2 days, some may insist on up to 72 hours but others could be much longer. This time period is to ensure verification checks are all in order. Once approved, then funds should be released immediately.
Players may also wish to check with their banking provider as to clearance times for using certain payment methods as this can also slow down the process of withdrawals. As we already know, methods like bank transfers can take considerably longer than most methods.
It’s also worth noting that some online casinos may impose withdrawal limits, whether it be a daily, weekly or monthly cap. These limits usually apply to single transactions and may be dependent on which payment method is used.
All relevant information will be written in the online casino’s terms and conditions.
With such a saturated and competitive marketplace, online casino operators are working hard to increase and retain their player bases. This can be done through the offer of a player loyalty scheme whereby for every wager made, loyalty points are earnt.
Players will climb through the levels and eventually reach VIP status which will bring with it exclusive bonuses and promotions, VIP events to attend, a dedicated account manager, higher withdrawal limits and the potential to become eligible for faster withdrawal times.
So, whereas on the outside the online casino offers standard processing times, it may be possible to speed these up through joining the VIP/Loyalty Program. Check the site prior to joining and see what they offer.
As we’ve discussed, nobody wants to wait for an age whilst their withdrawals are processed, so here are a few pointers to check off your list when choosing the fastest paying casinos:
The fastest withdrawal methods tend to be e-wallets such as PayPal, Skrill, Neteller and Trustly which depending on the casino may payout within 24 hours.
No. Withdrawals are usually free, regardless of payout times. If the site does charge any fees, they will be applicable to both fast and regular payouts.
You can check out our list of recommended online fastest paying casinos or use our checklist of pointers and search for yourself.
Yes, every casino site recommended by us will be vetted to ensure it is licensed and regulated so provides a safe and reliable experience.
Yes, these pending times will vary dependent on the casino, typically the fastest paying casinos will process requests within 24 hours as long as all verification checks have been completed.
Yes, VIP players may be eligible for faster payouts. Players need to check the site’s terms and conditions or contact the customer support team.
This depends upon the chosen payment method, pending status period and clearance time by your banking provider. Many withdrawals at the fastest paying casinos can be processed within hours, some may take a little longer.
Sometimes a larger payout may take more time whilst the casino verifies your details. Bigger jackpot wins often have a review period whilst it is authenticated. Players can check the terms and conditions for relevant withdrawal information.
No, sometimes e-wallet deposits are deemed ineligible to claim any casino bonuses, however, there are plenty of online casinos where they are an accepted bonus deposit method.
Typically, players will need to provide photo id such as a passport or driving license, proof of address such as a utility bill or letter from an official body dated within the preceding 3 months, and sometimes you are required to provide source of wealth such as a bank statement.