Why look for a fast paying casino? Nobody likes waiting for their money, especially if you win a windfall at an online casino. Not all players read the fine print in the terms and conditions before venturing on a wagering spree. Subsequently, they may find themselves waiting for weeks until they receive their winnings. Online casinos with expedited withdrawals exist if you know how to find them.
There are some relevant points to consider when choosing a fast paying site. Which company owns the online casino? That is the first step in establishing the validity of the site. Some casinos prefer to remain anonymous; therefore, the information is hard to find. If you cannot verify who owns the casino and there is no information made available to the public, you should discard the casino right away. The gambling license is the next step to ensure you receive the safest and best online experience. After you identify the owning company and ensure it is licensed, you can check its reputation.
Financially stable casinos are well prepared for any eventuality. There will be busy days where the site has to pay out several winning players at once. Can it cope with that? Does the site have the funds for six-figure payouts en mass? If the site has multiple banking methods like credit cards and cryptocurrencies, is there an adequate amount held in reserve? The player chooses the payout method, and the casino should be prepared for every situation that may arise. If the casino has adequate liquidity, payment speeds will be fast and prompt.
Customer support can be another indication if the casino is high or low level. If slow and unresponsive, it is a sign of bad customer service and inefficient support. Scamming casinos fail to communicate with and care for users intentionally. Customer support is typically connected directly to payments; therefore, if they are non-existent or understaffed, it will likely take weeks to get your winnings. There is a strong correlation between customer support and fast paying online casinos. Reputable sites invariably have fully-trained, highly responsive support agents ready to take care of withdrawal requests immediately. That ensures requests are processed on time, and without delay.
When you see an online casino offering instant payouts, you may ask yourself if it is instantaneous. You’re in luck if you are from the United Kingdom, as the number of safe and viable banking methods are numerous, with the majority of them speedy. The time-frame for ‘Instant’ payouts may be from one minute to twenty-four hours. Many online casinos have a maximum withdrawal limit, so that’s another area to check. If the limit is £20,000 a week, any winnings over and above that amount will have to till the next week.
UK online gamblers are spoilt for choice with fast, viable payment methods. There are dozens of options out there with their unique features, conditions and limits. You should use the one most suitable for you; however, we have compiled a list of the best options for those playing from the UK (and most of Europe. In our opinion, the fastest payment methods if you want your money fast are Cryptocurrency (which we cover in-depth below) eWallets such as Skrill, PayPal or Neteller, various other banking systems including Paypal and Trustly. After extensive research, the longest payment method seems to always be bank wire transfers- but that's understandable, as it's usually the bank that takes the time not the online casino or gambling site.
Cryptocurrencies like Bitcoin, Litecoin, Ethereum, and many others have become favourites among Britons recently. Many reputable UK facing online casinos offer players the option of using a crypto deposit or withdrawal. Cryptocurrency transactions are among the fastest methods as they only take a minute or two to process the transaction. High-tech firewalls and encryption software ensure your transactions are moved safely. Moreover, transaction fees are minimal or even zero. Another reason why more players prefer cryptocurrencies as a payment option is the withdrawal limits. Crypto limits are far higher than many other options, rising as high as £10,000 per transaction.
E-transfers are somewhat on the newer side for UK players. However, it provides instant transfers to your account with nominal fees. Two notable e-transfer service providers popular among the British punter, are methods such as Paypal. They are 100% secure and provide prompt payouts.
E-wallets are probably the fastest way to transfer funds online with the lowest transaction speeds. Providers like Paypal, Neteller, and Skrill are the leaders in the field and firmly established in the UK. E-wallets indeed are instantaneous, meaning your winnings appear in your account super fast.
Visa or Mastercard is the best choice to deposit; however, they aren’t the quickest for payouts. Such cards tend to take anything from one to five business days to process requests. Furthermore, some online casinos may request full card details, including the CVV security number on the rear, which further reduces safety. You'll notice that we haven't included credit cards on this list. But, there's a rational explanation for this. In April 2020, the UK Gambling Commission banned the use of credit cards for online and offline gambling. Whilst there are plenty of other methods available to you, you won't (at any UKGC licensed online casinos) be able to use your credit card to directly deposit and play casino games and slots. We don't anticipate this will change any time soon.
Bank wire transfers are safe; however, they aren’t the fastest methods. The delay lies with banks not online casinos since they typically take a day or two to process the transfer of funds. It is a safer option for more considerable amounts due to additional security. Moreover, transaction fees can be far more than the other methods mentioned here. Cheque by Mail The slowest way of all is to receive a cheque by mail. It can take a week or two to arrive, and unsurprisingly it’s one of the least popular methods.
The benefits of a fast paying online casino are apparent since no one likes to wait unnecessarily. When you couple a fast functioning payment method with a fast paying casino, you always win and never lose! You sidetrack unnecessary tension by choosing a casino that pays you quickly! So make sure you check the speed of withdrawal before signing up at an online casino.