Online gambling has seen an amazing increase in the last several years, with more and more casinos fighting for your attention by offering lucrative welcome bonuses, large collection of games and of course, the chance to strike gold and win big.
But one of the biggest points of frustration for punters is how long it takes to cash out and collect their winnings. After all, if you’re playing with real money at an online casino, you want to be sure that all your earnings will get to you as fast as possible. This is why it’s crucial to find a casino that pays out as fast as possible – and we’ve got a few tips to help you do just that. Here are our top 5 tips to getting the fastest withdrawals at online casinos.
- Make sure you play at a reliable online casino
There are thousands of online casino sites claiming to offer the best chances to win and the biggest variety of games. But as with all things internet related – you have to make sure you’re safe! After all, you won’t get you money fast, or at all, if you’re playing at a site that only wants to scam you.
In order to find a safe and reliable online casino, our recommendation is to look at online casino reviews portals – these sites check the credibility of online casinos and rate them accordingly. While we know that these sites are also affiliate sites – which means they gain profit from players signing up to casinos by their referral – most of these sites will make sure they only promote safe and trustworthy casinos. You should also always check the licenses the casino holds and see if they are moderated by external bodies such as eCOGRA – which monitors the casinos and make sure that all the games are fair and not rigged.
2. Look through the casinos T&C
Each casino operates under different jurisdictions and must answer to different regulating bodies. That means that each real money casino you will play at will take a different amount of time to process your withdrawal request. Reading the casinos terms and conditions will give you a good sense as to how long it will take them to process your payout request. Some casinos are smaller and operate with a smaller staff, some operate under a jurisdiction that makes them run every financial request through a third-party – all these factors will affect how long you wait for your withdrawal. Read the T&C and see how long it takes them to internally process your money and what is the minimum amount of time they will need.
3. Check the available payment methods
Some casinos will boast a large amount of accepted payment options, other will only feature a handful. Each payment method will have it’s own pending time for both withdrawals and deposits – bank transfers and checks take the longest because the banks have to approve the transaction, credit cards come second after and will sometimes offer same-day withdrawals, and of course – e-wallets and crypto wallets pays out the fastest.
4. Want instant payouts? Use e-wallets!
e-wallets (and in that, crypto wallets), are the fastest and safest way to pay and collect money from online casinos. The fact that they are not related to any bank account means that the transaction could be complete within minutes, and if the casino will not take long to internally process your request – you can expect super fast payouts and even instant cashouts! From veterans like PayPal and to newcomers like MuchBetter – the e-wallets are dominating the casino industry and every respectable casino will have at least a few of them as a payment option.
5. Wait! Did you use a bonus the casino offered you? If so, did you meet your wagering requirements?
Casinos offer mouthwatering bonuses for new and existing players alike, whether it’s a cash match up bonus or free spins you can use on slots offered at the casino, but almost always the casino will have a wagering requirement attached to the bonus. If you win any money from playing with the free spins or deposit match up money they offered you – you will have to wager it a certain amount of times before you can withdraw your winnings. It’s only fair, and most online casinos will have a standard wagering requirement, but if you fail to complete it – you will not be able to withdraw your winnings. So if you used any bonus, make sure once again to read the T&C, and make sure you met your requirements before attempting to withdraw.
So, with these in mind, we’re sure you can expect to find one of the fastest paying online casinos for your next adventure! Make sure to play responsibly, and may luck always shine on you!