When you start playing at an online casino, chances are you have a lot of questions – but most of them are probably related to the games themselves. What can I play? How much can I win? You might also ask how can I deposit?
But the most important question of all might be this one: how quickly can I get paid when I’m ready to cash out? It’s a question that more players should ask, because the answer has a lot of bearing on how much enjoyment—and how much stress—you might get out of your gambling experience.
Thankfully, we’ve taken the time to take a look at the top Internet casino sites and track how quickly they tend to get money to players. Our fastest payout sites are all reputable, trustworthy companies that will not only reliably pay you what you are owed, but will do so in a timely manner so that you can enjoy the fruits of your victories as soon as possible.
No matter how good your chosen gaming site is about paying out as fast as possible, the speed at which you receive your cash will depend a lot on how you choose to process your withdrawal. In fact, with the exception of sites that are exceptionally slow in their banking process, this could be the biggest factor in your cash out speed.
Typically, e-wallets tend to be the quickest way to receive your winnings. If you use Skrill, Neteller, or Paypal for a withdrawal, you can often receive your payment in just a couple of days. Of course, that doesn’t necessarily mean you can spend the money at that point (you may still want to transfer it into your bank account, which could take a few more days), but at least you’ll know the money is in your hands at that point. Sadly, most e-wallets are not available in the US, with the exception of the New Jersey market
Another fairly speedy way to get your winnings is by using a bank transfer. If your goal is to get the money into your bank account as quickly as possible, then this might be your best option. While it will take a little longer to process, most sites can get you your money in a week or less, which includes all processing time. Similarly, if you can have some or all of your winnings credited to a credit or debit card (usually only available if you made a deposit with the same card), that can often be done in a similar time frame.
On the slower end of the spectrum are payments by check. In some jurisdictions, this may be the best or only available option, but it is a slow one: since the check must be physically produced and then mailed to you, it could take a couple weeks or more before you receive it. You might then have to wait a week or more for the check to clear once you try to cash it, especially if it came from an international source. Some sites alleviate this a bit by offering a courier check service that will ship it out to you in just a couple days, though you’ll still have to wait for your bank to clear the check before you can spend your money.
Of course, all of the above timeframes are just estimates, and they can vary widely between different sites. You may also find that other withdrawal options are available at the sites you choose to play on.
There is a reason why people often ask us what are the casinos with the fastest withdrawals. And, you might read the above information and wonder why they can’t just give you your winnings instantly once you cash out. There are a couple of reasons for this, and they usually have nothing to do with operators trying to be stingy or underhanded.
First, as we’ve described above, even a company that wanted to have instant cash outs would have a very hard time doing that for you, as most methods have some delay built into them before the money gets to you. This is especially true for options like bank transfers and checks, which have processing times that span into days even in the best of circumstances.
However, even the sites themselves must take time to process and confirm each withdrawal. For the casino, this is usually a process of confirming that you are actually the same person who opened the account (in order to protect players from fraud), and that all of their rules were followed during play. For many operators, there are also anti-money laundering precautions that must be taken. This is most true in places where online gambling is fully regulated, though even unregulated sites might do this just to be on the safe side.
Sometimes, gambling companies are especially slow with their payments, even taking all of the factors we mentioned above into account. If this appears to be happening to you, your first step should be to contact the customer service representatives for the site you are playing on, as they may be able to give you information on what is causing the hold up.
Unfortunately, some casinos are known for being especially slow paying to the point where they may be trying to rip off their players. Sites like these will end up on blacklists; we won’t recommend them to you, and you should avoid them while focusing on the many better options available to you.