It’s no secret.
Casinos make money when you pay them, not when they pay you.
It would help if you weren’t surprised that cashing out your winnings in an online casino isn’t as easy or quick as using an ATM.
It’s often the complete opposite. And sometimes, it’s never.
You owe it to yourself to shop for the best online casinos before you bet.
With a little due diligence, you can find the casinos with the fastest payouts.
You know what we’re talking about. You’ve seen tons of questionable ‘articles’ like them:
“Top Ten Online Casinos with the Fastest Payouts”
“Online Casinos with the Fastest Cashouts”
Most of them are advertisements disguised as articles. The folks who wrote the list get a bit of cash every time you or anybody clicks one of the casinos on that list.
Sometimes, the information on those lists must be more accurate. Or outdated. More often, it is needed to be completed or better researched. Whatever the list, you don’t know if it’s reliable. Do your homework.
In their terms of service, every casino will tell you how long it takes to withdraw your winnings. Note that this only refers to how long the casino takes to approve and process your withdrawal request, NOT how long it will take to get your money.
Many “fastest payouts” lists base their list on the casino’s advertised payout time. It’s a good place to start, but you’d not want to bet on it.
Most casinos offer processing times varying from 24 hours to two or three weeks. Many casinos, though, offer “instant withdrawal.” It’s not exactly “instant” or even “right away.” You can, however, expect to see your money in less than 24 hours if you have chosen a fast transfer method such as Bitcoin or an e-wallet.
As you might wonder, online casinos don’t always do what they say. There are instant withdrawal casinos that, in actuality, may take days or weeks before starting your withdrawal. Some casinos say it’ll take a week but usually take 24 hours to process a withdrawal.
The best way to suss out the truth is to research the online forums and blocklists. Find out what actual people/players are saying about the casino you want to join. Plenty of people complain about the slow withdrawal process if the casino is dishonest or sluggish.
All online sites will list conditions that allow them to refuse to pay you winnings or let you withdraw them.
Make sure you study these carefully. Predatory sites often have so many conditions that they effectively have a free hand to refuse to pay you anything. Needless to say, cashout time means nothing if the casino refuses to pay you.
Above all else, ensure you understand the withdrawal conditions imposed on you when you accept bonuses from the casino. The most important are the wagering requirements.
Nearly every bonus you accept comes with a wagering requirement that is some multiple of the bonus. For instance, if you receive a $100 bonus with a 30x wagering requirement, you must make $3,000 in bets before you can withdraw winnings.
All online casinos restrict how much money you can withdraw in 24 hours.
Many restrict how much you can withdraw per week or month.
Most “lists” of fastest payout casinos often neglect these limitations. For instance, let’s say you play at an online casino with “instant withdrawal.” However, if the maximum limit on monthly withdrawals is $1000, withdrawing $3000 will take over three months. At that point, the “instant” part is not instant.
No matter how the casino processes cashouts, the most critical component is the method you use to transfer the funds.
To find casinos with quick payouts, start by reviewing their terms of service for withdrawal times, but don't rely solely on advertised times. Dig deeper by checking online forums and blocklists for real player experiences and feedback on payout speeds and reliability.
Be wary of lists titled "Top Ten Online Casinos with the Fastest Payouts," as many advertisements might be misleading or incomplete. These lists often benefit financially from clicks and may need to provide more reliable information. Always do your research to verify the facts.
Checking withdrawal conditions is crucial because some casinos have strict terms that complicate withdrawing your winnings, such as high wagering requirements or restrictive withdrawal limits. Understanding these conditions helps you avoid casinos with predatory policies.
Online casinos often set limits on how much you can withdraw in a certain period, such as daily, weekly, or monthly maximums. These limits are crucial because even if a casino processes withdrawals quickly, low limits can significantly delay accessing large winnings.
Bitcoin is generally the fastest method, with transactions clearing in seconds and higher withdrawal limits. E-wallets like PayPal are also quick but may only be available in some regions, such as the U.S. Credit cards, and wire transfers are other options, though they tend to be slower.
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