What Is the Fastest Paying Online Casino in 2020?
Table Of Contents
- Quick Payout Online Casinos: The Top 10
- How do We Rank the Fastest Paying Online Casinos?
- Which company is in charge of the online casino
- Gambling licensing
- The reputation of the casino
- Is the online casino easy to navigate?
- How many withdrawal options are available?
- How are customers treated?
- Variety of games
- Does the casino offer a welcome bonus?
- Fast Casino Payouts: Why Should You Care?
- Fast Payment Methods
- Bitcoins and Cryptocurrency
- Credit or Debit Card
- Slow Payment Methods
- Money Transfer
- How to Speed Up the Casino Payout Process?
- 1. Submit your documents as soon as you can
- Follow the terms and conditions of the site to a tee
Are you tired of waiting far too long to receive your online gambling winnings? Lucky for you, online casinos with fast withdrawal processing do exist, you only need how to find them.
Let us solve this problem for you because you shouldn't have to wait for weeks or months to receive your money in this digital age.
A lot of casinos are now speeding up the payout process and offer payments instantly. We will list down our top picks for the best payout casinos online, and we'll also advise you regarding the best and fastest payment methods.
Quick Payout Online Casinos: The Top 10
After doing rigorous research, we came up with the following list of real money online casinos that offer fast payouts.
Some of these even provide instant withdrawal that takes seconds to process. We are sure one of these will satisfy whatever you need.
*Note that we are not related to any of the casinos on this list. PokerNews.com belongs to the Oddschecker Global Media and is part of the Flutter group. If you have doubts about trusting our recommendations about the best online casinos, we have outlined the process of the factors we considered in the next step.
How do We Rank the Fastest Paying Online Casinos?
When one uses their hard-earned cash to have some fun, it is only natural that they would want a fast payout. Most reputable online gambling sites will let you withdraw your money efficiently.
We finalized our list of recommendations after a lengthy process. If you feel doubtful, read on to gain some insights on how we made the list of best online casinos.
Which company is in charge of the online casino
The initial step we take in our review is to find out the company that is in charge of the gambling site. Many gambling sites prefer to remain anonymous, and hence, this is not easy information to find.
Whenever the information is not public or we are not able to find a clear indication of who owns the website, we discard the casino right away.
The next step for ensuring that you get the best online experience is finding whether the online casino is licensed.
Legitimate authorities license most casinos that offer instant withdrawals. Thus we ensure that the recommendations we bring to you are all fully licensed. Here on PokerNews you find only online casinos that are licensed by the following gaming authorities:
- United Kingdom Gambling Commission
- Malta Gaming Authority
- Curaçao e-Gaming Commission
- Official US gaming authorities
The reputation of the casino
After identifying the company in charge of the online casino and ensuring that the site is licensed, we try to assess its reputation.
There are numerous scammers present in the name of online casinos, and a lot of people fall prey to them. We try to identify red-flags in the site's history before including them in the recommendations we bring to you.
If there is a history of delayed payouts or non-payments, it is a huge question mark on the casino's integrity.
Non-payments indicate that the casino is a scammer, and we immediately eliminate the site from our process.
Is the online casino easy to navigate?
The recommendations that we bring to you are not only the best payout online casinos; they also have websites that are user friendly.
A quick payout is utterly useless if you get frustrated while browsing a site without explicit instructions.
All the websites included in our recommendations have a user-friendly interface. These casinos have the fastest withdrawals and a simple process to do so.
While investigating the ease of use, we also look at the functionality of the site on various devices.
Does the site work equally well on laptops, mobiles, and computers? We realize that not everyone will have access to all of these, and we want to bring the best experience to you.
A lot of people will gamble in between work breaks on their phones. We thus check whether all the real money games that the casino offers are available on phones or not.
How many withdrawal options are available?
While compiling our recommendation lists, we try to recommend sites that have a variety of banking options.
A variety of banking options ensure that the casino has money in many types of accounts. This means you can get your payment quickly.
Various options also mean that the companies behind casino sites have the capital needed to fulfil their customer's requests.
Moreover, not all payment methods require the same processing time. Hence, the larger the variety, the better a casino can cater to your needs.
How are customers treated?
Our core value is customer satisfaction. Thus, the people who access the online casinos that we recommend must get excellent customer service.
Casino sites that offer fast payouts mostly have an excellent customer service department. The employees swiftly process payment requests so that the customer quickly receives money.
Fast withdrawals and competent customer service departments are directly proportional.
In addition to a fast payout, a casino with excellent customer service will preferably have a FAQ page.
It should also have online chat support with a customer service representative. The representative should answer any of your questions not available on the FAQ page.
Variety of games
What good is excellent customer service or a variety of banking options if there aren't enough games? No one will enjoy such a site.
The best online casinos will provide you with a variety of games so that you can have maximum enjoyment.
We kept this in mind and for this reason the casinos that we recommend have a massive selection of games.
Most online casinos have a variety of slot games. Think about any TV show or movie that you love. You are surely going to find a slot machine relating to that.
However, our recommendations offer more than real money slot machines. They include table games, real money blackjack online, video poker. If you want a live casino experience, some games will even have a live dealer. It cannot get better than this.
Realizing the importance of real money winning for our customers, these are the checks that we do to make sure that our recommendations are up to the mark.
To make sure that all recommendations are reliable, we create accounts on all the gambling sites that we review.
This ensures that we are getting all information first hands, including:
- the features of the site
- the customer experience
- the variety of payments
- the games on offer
- and a lot more
Does the casino offer a welcome bonus?
The best casinos all offer a welcome bonus to new players.
While preparing our list, we search for casinos that offer a generous reward. These bonuses can include an initial deposit as a gift.
They can also include free spins, a free game of video poker or Blackjack, etc. We do this to ensure that people who follow our recommendations get the best experience.
Every month, we publish also updated rankings of all the latest casino bonuses to give you direct access to the best offers on the market. If you are looking for value, that's a page you should not miss.
Fast Casino Payouts: Why Should You Care?
The reason that you are on this page is to find the best payout casino online for yourself. That means you already care about the processing speed and instant withdrawals.
You must be thinking, "obviously, everyone wants their hard-earned funds as soon as possible."
However, there are many other reasons to care about fast payouts. Payment speeds can give you a prominent picture of what you mean to the casino and how they manage their operations.
Of course, you know a slow payment is a delayed transaction. But when should you consider it delayed?
The first thing that you need to know is the online casino's processing time. The processing time is the time that the casino takes to do the necessary work to transfer the payment information to the bank.
Fast payouts imply the importance of customer satisfaction in the casino.
They also imply the overall financial health of the casino. If the payouts are slow, it can be a signal that the casino is low on funds.
Casinos with low funds imply that they never had enough customers in the first place, and hence they are failing.
Capital to hold money for various payout options means that the company has funds to fall back on. The company is not going to scam you, and you will receive your payment on time.
If the payments are slow, the site might be hoarding money from depositors before getting enough to pay you. Again a sign of low capital and a failing business.
Do not freak out if your payment is delayed once in a blue moon. Even the fastest paying online casino can have a technical issue or glitch.
However, if slow payments are consistent, your fear of the casino closing down is real.
Consistently delayed payments imply that the casino is low on capital and can close down at any point, and you may never get your real money winning.
Now that you know this, how should you react if your casino has multiple delayed payments?
- If you have had a good experience with their customer service, it won't be a bad idea to reach out. They might be facing a glitch or any other temporary issue.
- If the slow payments are not picking up pace, it can be bad news. We would suggest switching casinos.
- If you still want to keep playing at these casinos, we would suggest not putting in too much money. This would result in smaller losses if something terrible were to happen.
Keep playing for fun if you enjoy the interface, but for reliable payments, switch to one of our recommended casinos!
Fast Payment Methods
Switching to our recommended casinos will not be much use unless you know which backing methods give the best casino online payouts in the shortest time.
We make sure that most of our recommendations have a wide variety of payment options, and it is only natural if you get confused.
That is why we have formulated this guide to help you in your quest for the fastest online payout.
If fast payment is what you are looking for, a stellar choice is an e-wallet.
Having an E-wallets are a popular choice because:
- You can use them for deposits as well as withdrawals.
- The deposits are almost instant.
- They can be used to transfer low amounts as well as large transactions.
- There might be special promotions or gifts on using e-wallets for deposits.
- You can use your e-wallet account for online shopping as well. That means faster payouts can lead to satisfying your shopping needs quicker as well.
- It's free to open an account.
However, there is a downside to using e-wallets. In some countries, you might not be allowed to do real money gambling using them.
Popular e-wallets include
PayPal is the most renowned e-wallet in the US. This popularity is because PayPal offers speedy withdrawals.
As soon as the casino completes the process, the money will immediately appear in your account.
You can also use PayPal to shop online, so you don't need to transfer funds to the bank.
Bitcoins and Cryptocurrency
Bitcoins are the most popular for instant withdrawal in the US and Australia. Cryptocurrencies, such as bitcoins, are probably the fastest banking method that you can use.
But apart from that, bitcoin and cryptos in general have also many other advantages.
- You can hide your identity while gambling with cryptocurrency.
- You can deposit or withdraw small amounts as well as high.
- The fun part about dealing in bitcoins is that many casinos have bitcoin games that are exclusive to crypto users.
- The best part about using cryptocurrencies is that you can receive your withdrawals on the same day.
However, the biggest downside to cryptocurrency is that you need to have some background knowledge of its dealings.
Credit or Debit Card
Another option for fast casino online best payout is your bank cards.
Almost all our recommendations include credit or debit cards as a payment option. The benefits of using debit or credit cards are:
- Almost everyone has a bank account and bank cards, so you don't need any specialized knowledge.
- You can deposit your money quickly using back cards. Hence you will be able to play faster.
- Most casinos will not charge fees on deposit.
- Charges on withdrawals will also be low, mostly in single digits.
There are numerous downsides to using readily available cards, too.
Firstly, while the online casino might process the payouts quickly, your bank might take some time. So make sure you know how much time your bank will require.
It will mostly be between three to five days. Hence it is not as fast as cryptocurrencies or Paypal.
Also, make sure that your casino allows you to cash your winnings using credit cards or debit cards. They might direct one to bank transfer or cheques, which will slow down the process even more.
Lastly, before you enter your account or card details, make sure that the online casino is valid.
No one wants to fall into the hands of scammers. That is why we would advise you to one of our recommended sites.
Slow Payment Methods
If you are on this site to look for fast payout options, we must inform you about the slowest methods.
No one wants to wait for days or months to receive their winnings. So avoid the following methods if it is possible for you.
Bank wire is an option present in most online casinos for withdrawals. However, it is not one of the fastest options.
Transactions may take longer to process, but the time length ultimately depends on the intermediary bank.
Both paper checks and eChecks have a substantially long clearance time.
Paper checks can take up to 10 days to clear, while eChecks take a minimum of four days. This is a massive contrast to the maximum four day period of PayPal.
Checks also have a fear of bouncing in case of low funds, unlike using credit cards.
Bank to bank money transfer is probably the slowest option available.
The communication between the two banks might take time. This will lead to a long wait.
We would thus recommend opting for other channels of withdrawals if you are impatient.
How to Speed Up the Casino Payout Process?
You have done everything right, chosen one of the most reliable casino sites, and a fast payout method. But even then, there are a few things that can slow you down.
However, we will guide you through the steps that you can undertake to get your money as fast as possible.
1. Submit your documents as soon as you can
Most online casinos will require you to submit your identification documents before they let you withdraw. These documents will include your bank statement, utility bills, etc.
The reason that casinos require these documents is to ensure that you are not gambling illegally.
They also want to make sure that you are an adult and old enough to gamble.
They use the documents to ensure that you are not impersonating someone. It also helps them to rule out the possibility of duplicate accounts.
An excellent way to make your payouts as fast as possible is to submit all the required documents as soon as you sign up on the sites.
Follow the terms and conditions of the site to a tee
Yes, we all hate reading those lengthy terms and conditions. But here you have to make sure that you at least scan through them.
If you unknowingly break any condition just because you were lazy to read the document, you will have delayed payments.
Read the terms and conditions to find the casino's policy on using abusive language and harassment.
The terms and conditions will also include rules about counting cards.
Trust us, reading the terms and conditions will only make life easier for you.
Another way to have better payouts is to choose a site that offers shorter processing periods for withdrawals and deposits.
One thing to look out for is whether the casino processes payments on weekends or not.
Our recommended casinos all have relatively simple terms and conditions.
So, a quick summary before we address the frequently asked questions. In this article, we tried to
- List the best online casinos for quick payouts.
- We tried to highlight the best banking methods ad the worst.
- Lastly, we highlight what you can do to ease the process for yourself.
Now let's address some frequently asked questions before we end our discussion.
How long does it take for a casino yo payout my winnings?
The payout processing can be immediate, or it can take a few days. It depends on the policies of the casino as well as the method you are using. Paypal and bitcoin will be almost immediate.
Do I need to use the same payment method for deposits and withdrawals?
Not necessarily. As we mentioned, many casinos will not allow withdrawals through credit cards but will enable deposits. A lot depends on the regulations in the country and the specifications of the casino.
What's the minimum withdrawal for a casino payout?
The minimum amount of casino withdrawal depends on the casino's policies and the method of withdrawal. If you want minimal payouts, Neteller will let you withdraw even $10-$12.
What's the maximum withdrawal for a casino payout?
That depends on the method that you chose and the policies of your casinos. Some methods will let you withdraw five-figure totals.
Are there additional fees to pay for a quick casino payout?
No. Certain charges are associated with specific methods, but it does not have anything to do with how fast your transactions are processed.
What payment methods offer the fastest payouts?
Usually, cryptocurrencies and electronic wallets have the fastest payouts. It also depends on the site and which method it processes faster.
What methods of payment offer the slowest payout?
Checks, bank wires, and money transfers are usually the slowest methods because they largely depend on the operator and user bank policies.