While there is no denying online casinos have many advantages over their terrestrial counterparts, players approach gambling on the internet more cautiously due to its specific nature. Among other factors, a good online casino is judged on the basis of its payout policy.
Unable to collect winnings in person, players have no choice but to put their trust in online venues to send the money to their accounts in due time. There are far too many corrupt sites trying to scam customers, and players are fearful of not receiving their winnings at all.
Once a win is withdrawn, they are left with nothing else to do but wait and worry. No one wants to go through days or weeks of frustration and anxiety, that is why fast-paying casinos are highly praised and sought-after today. There are also Casinos not on gamstop.
One of the prerequisites for quick and hassle-free transactions is choosing a payment solution that works best for you. Casinos today accept a wide variety of banking options and it may be difficult deciding on the most suitable one. Depending on a gaming site and your country of residence, you probably won’t be able to use just any method, so you will have to weigh your options carefully.
Digital Wallets
Electronic wallets are immensely popular among gamblers due to being very easy and convenient to use. This is by far the fastest option available today, with cash transferred instantly or within 48 hours at most. There are other advantages besides this: you can keep your funds in the wallet and use them to make purchases online, withdraw at an ATM or to your bank account.
Casinos do not charge any additional fees for e-wallet transactions, and most accept the method for both depositing and withdrawing. However, popular providers like Neteller, Skrill and PayPal impose pretty harsh restrictions, blocking a great number of countries from using their services.
Credit Cards
A vast majority of online casino players prefer to use credit and debit cards to fund and withdraw from their accounts. Although as a general rule, casinos should issue payments via the same method you’ve used to deposit, for some countries credit cards are only available as deposit options.
One of the safest and most trusted methods, credit cards are recognized by all banks, with MasterCard and Visa accepted at almost any casino. Depending on a site, it takes from 3 to 5 working days to receive winnings via this method, and you will usually have to pay an additional transaction fee.
Debit Cards
A slightly better option than a credit card, debit cards usually do not incur any casino fees and can be used to withdraw cash at an ATM instantly. The fact that you can spend only as much as you have on your account is a downside to some, but an advantage to others.
This limitation will certainly save you from the temptation of spending more than you can afford. Other than this, this solution has the same pros and cons as credit cards – the average cash-out times, availability and safety are very similar between the two methods.
Bank Transfers
Although simple and safe, bank transfers can take up to a month and gamblers will opt for them as the last option when they have no other choice. Winnings are sent directly to your bank account, with the downsides being high withdrawal limits and high processing fees that most casinos charge nowadays.
Courier’s Check
A simple check delivered to your home via a courier service. When you request a withdrawal by check, the online casino will use the personal data you filled in during the registration process. It is one of the safest options; however, it is also the slowest. To cash-out, you will have to take a trip to your bank and deposit the check.
Bitcoin
Key advantages of cryptocurrencies are anonymity and instant processing times. As a rule, casinos won’t ask for identity verification documents prior to approving your withdrawal request.It usually takes a few minutes to process transactions, allowing you to use the funds from your Bitcoin wallet for other payments or purchases. It is a great alternative for players from countries where banks sanction gambling transactions. Being relatively new, few casinos accept the currency at the moment, but you can expect more bitcoin-friendly sites in the future as its popularity increases.
Sites Offering Fast Withdrawals
If a casino you wish to register with has an excellent reputation, longevity in the business and plenty of satisfied customers, you can be sure that fast payouts are part of the reason why.
Casino Extreme has a wide selection of payment options, including Bitcoin. Regardless of the method you choose, it shouldn’t take more than 5 working days for your money to arrive, although players claim they rarely have to wait longer than 5 minutes for withdrawals to process. In addition, their customer support agents are very helpful and will come to your aid should you need it.
For easy and quick verification procedures and payments, check out Rizk Casino – a popular venue established in 2016. Since the inception, they have been known as a fair and trustworthy place where cash-out times do not exceed 3 working days.
SlotsMillion have taken a variety of measures to ensure their customers have as little trouble as possible when requesting withdrawals. Special features have been implemented to prevent players from breaking the house rules, so in the event, you do win you can count on a successful cash-out within 48 hours via any of the available banking methods.