When choosing in which online casino to play, one of the key factors to check is the payout speed. As we can all agree, there is nothing more aggravating and frustrating than winning and having to wait forever to receive our winnings! Fastest payout is one of the nicest qualities the casino can offer, having no uncertainties of when you will see your winnings hit your account is so reassuring when playing online.
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Which online poker and casino sites in the US accept PayPal? PayPal is now accepted as a method of deposit and withdrawal by four online poker sites operating legally in the US. The sites include: WSOP.com Nevada; WSOP.com New Jersey; 888poker New Jersey; Additionally, five more legal and regulated online casino sites in New Jersey also accept PayPal. PayPal acts just like a middleman between your bank account and the casino site, meaning that you’re not supplying a number of online sites with your banking details, which is never a bad thing. Another advantage is when it comes to levels of customer service.
However, fast payouts do indicate some important factors:
- The casino operator is financially strong and stable. In order to offer instant withdrawal casino needs to keep significant balance in every payment method, sometimes it means 30+ accounts that need to have enough funds to pay hundreds of players on the same day.
- Strong support: to keep this going, you need to have high qualified support personnel available 7 days a week, 24 hours a day.
- Fairness: fast payouts usually identify a fair and reputable casino. No one will stall your payment hoping that you will get tired of waiting and play it back (yes, some dodgy casinos use this tactic, it’s called reversal of your winnings).
To summon it up – if there is one thing you should check about a casino before making a deposit, the payment speed would be it. Of course we do not mean just the info that they post on their site, but the actual speed of payment. Of course it’s not something that you can check without actually depositing, so that’s why we made this list of fast withdrawal casino sites that where checked and verified for their withdrawal speed.
Fastest Payout Casinos Online 2020
Casino | High Lights | |
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1 | £/€/$ 100 Welcome Bonus And 75 Free Spins Same day witdrawals, including weekends Huge range of methods Games by NYX, Microgaming, Amaya, Aristocrat Terms Apply First Deposit Only. Min. deposit: £10, max. Bonus £50. Game: Rich Wilde and the Book of Dead, Spin Value: £0.10, Max Extra Spins:50. WR of 30x Deposit + Bonus amount and 60x Extra Spin winnings amount (only Slots count) within 30 days. Max bet is 10% (min £0.10) of the extra spin winnings and bonus amount or £5 (lowest amount applies). Extra Spins must be used before deposited funds. First Deposit/Welcome Bonus can only be claimed once every 72 hours across all Casinos. Play Responsibly | 18+ begambleaware.org | Full T&C's Apply Slot Magic Review | |
2 | £/$/€ 1000 Bonus + 100 Extra Spins 1200+ Casino Games Instant withdrawals with ewallets Amazing design Terms Apply Minimum deposit: £10. The wagering requirement must be met in full within 14 days of the. Game contribution: All games under the “classic slots”- 75%. Deposits made via Skrill or Neteller are not eligible for the welcome offer. Play Responsibly | 18+ begambleaware.org | Full T&C’s Apply SPINiT Casino Review | |
3 | £/€/$100 Welcome Bonus Same day withdrawals, instant by ewallets Cashable Bonuses Great variety of slots Terms Apply First deposit only. Deposits with Skrill, PayPal, Neteller and Paysafecard not eligible. Min. dep. £10, max bonus: £100. Free spins: no deposit required, expire after 7 days, Starburst only. Bonus/free spins winnings wagering requirement: x35. Max. bonus bet: £5, can vary. Play Responsibly | 18+ begambleaware.org | Full T&C's Apply - Full Terms Apply Royal Panda Review | |
4 | 200% up to £/$/€ 100 Bonus 100 Free Spins Same day withdrawals Games by 13 software providers Terms Apply New customers only. £10 min deposit. Bonus 100% up to £100. 35x bonus wager in 30 days. Skrill, Neteller, PaySafe excluded. Play Responsibly | 18+ begambleaware.org | Full T&C's Apply Guts Casino Review | |
5 | 100% up to £/€/$ 200 Plus 200 Free Spins 24h withdrawals Instant with ewallets Terms Apply New players Only. £10 min deposit. £5 max bet using bonus. 40x wagering applies. Bonus valid for 14 days. 20 Spins on Starburst games will be credited instantly + then 20 per day for 9 days. Free Spins valid for 72 hours from credit. Max Free Spins winnings £100. Skrill + Neteller excluded. Play Responsibly | 18+ begambleaware.org | Full T&C's Apply |
Payout Speed Factors
Besides the casino itself, there are few parameters that affect the payout time: your country, payment method, the amount.
Country
Different countries have different gambling laws, which means different payment methods for you to use when cashing out. In most countries, that shouldn’t worry you much, since there is still a great variety of fast and smooth payment methods for you to use. There is one main exception to this rule, and that is USA. In USA, the UIGEA of 2006 has constraints between online gambling sites and banks, so receiving your payout isn’t as fast as if you lived in the UK or another country. That is why we had to split our rating to Fastest Payout Casinos and Fastest Payout Casinos USA.
Players who reside in countries that don’t see any type of restrictions for depositing or receiving their winnings are at an advantage, so to speak. If they choose a good online casino they can see their payouts in as little as minutes.
Payment method
Each payment has its own pace of how fast they pay out. The fastest way to deposit and cash out funds from, and to your casino account are ewallets. The most popular are Paypal, Neteller, Skrill and plenty other options. If you are looking for hassle-free and speedy cashouts, then you better use one of the above mentioned. Credit card withdrawals can be also fast, however not all credit cards allow you to withdraw funds back to the card.
Wire transfers take longer, but this is something the casino cannot control even if they process your request the second you click on the cashout button. Wires can sometimes take 24-48 hours until they hit your account and you see the money.
Checks are without a doubt the slowest. 1-3 days considered to be great time for a check to arrive in your mailbox, however it can take even 7-10 days, based on your location and the check company.
Another option added in recent years and became popular mainly in USA and Australia is crypto-currencies, particularly Bitcoin. Dealing with BTC does demand some knowledge and understanding, but if you are ok with that, Bitcoin is one of fastest payout methods available and allows even players in most problematic markets to enjoy same day cashouts.
Since we first wrote this article, Bitcoin became the #1 withdrawal method in USA and in Australia. The reason for that is that in good online casinos, BTC withdrawals are paid pretty much instantaneously. Not to mention that the withdrawal limits are usually much higher and can reach even $10,000 per withdrawal.
Amount
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You should also keep in mind that the amount of money won can also have effect on receiving your winnings quickly. Most online casinos have a limit on how much you can withdrawal at a time. With this being said, if you’re playing at a fair and honest online casino, that’s not something that you should worry about. If you’ve been playing in a reputable and fast payout online casino, in most cases these rules do not apply to jackpots, particularly progressive jackpots. Therefore, if you’re lucky to win a nice 6/7 digit jackpot, you won’t need to wait much before quitting your job or going for that all around the world trip you have always dreamed of!
In any case, it is important to know the limits for regular (non progressive) winning. We can’t state the exact amount to look for as they vary from one market to another, but just make sure you don’t play at casinos that have below $2,000 per withdrawal limit. Such low amount usually indicates that the casino is not financially strong and therefore should be avoided.
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Bottom Line
We cannot stress enough how important it is to stick to fastest paying casinos. If you do that, you can gamble safely, have fun and will be able to enjoy your winnings instantly.