CasinoHawks guide to fast paying casinos - get your winnings asap!
Winning a large sum of money only to have to wait weeks for the cash to reach your personal bank account may be one of the most frustrating experiences a lot of online casino players have had. With today’s technology and payment options, there’s hardly any justifiable excuse for slow casino withdrawals, therefore we understand why there’s such a high demand for fast paying casinos. Whether you’ve been disappointed in the past or you’re a new online player looking for a fast withdrawal casino, our guide to fast paying casinos may help you make a better and more informed choice.
The instant withdrawal casino
Some casinos tend to describe themselves as an ‘instant withdrawal casino’ to attract new players. In general, what this means is that player withdrawals will be processed during the same day or within 24 hours. Of course, this doesn’t necessarily mean that you’ll see your winnings in your personal account that same day. This will then depend on the payment option you have choosen (more on this in the next section).
As opposed to an instant withdrawal casino, it’s still very common to find online casinos stating that their withdrawals can take up to 72 hours to be processed, and this is still considered to be acceptable, especially if it’s a new online casino that is growing quickly and may be short on staff. However, there’s always the risk that in reality it can take two to three weeks for you to get hold of your winnings, which is why we’ve decided to write this guide to fast paying casinos, based on numerous player reviews and on our own experience at several online casinos.
Why is withdrawal speed such an important factor at online casinos?
Except for the obvious reason that you deserve to claim what’s rightly yours as fast as possible, there are other reasons why you should seek to join a fast payout casino. Even if you’re not in a particular hurry to receive your money, slow withdrawals can be indicative of problems that are far more serious than a mere delay. It could even be that the online casino doesn’t have the financial stability to be able to pay customers immediately!
An instant withdrawal casino needs to have enough funds in each one of its accounts (PayPal, bank, Neteller, etc), in order to be able to process payments fast. Considering the number of withdrawal requrests made on a daily basis, this requires the online casino to have huge amounts of cash at its disposal, something which is not possible if there are cash flow problems. A fast payout casino also needs to have enough trained personnel who are able to process the payments and verify players’ documents quickly when necessary. This of course translates to higher expenses for the casino, all in the aim of building a good reputation amongst players and earning its place on the fastest withdrawal online casino list.
What’s more, slow withdrawals can be a sign that the casino is unreliable or shady. Some casinos try to get you to keep your winnings in your casino account in the hope that you will use it all to play again, and as a result lose it all! By taking long to process your withdrawals, they hope that you will eventually loose patience and be tempted to play more instead.
Before you find a fast paying casino…
Before you choose your fast paying casino, there’s one important matter to consider if you’re after instant casino withdrawals. This is your choice of payment method. There are dozens of deposit and withdrawal methods available, and the best fast paying casinos normally support a lot of the most popular payment providers. The below are the options accepted by Rizk casino, which is an instant withdrawal casinio that we can recommend because it delivers what it promises and also charges no fees whatsoever for withdrawals.
The first thing you should know is that for instant withdrawals, e-wallets will be your best option. It takes only a second from the moment the casino clicks the ‘send’ button on PayPal for you to see your winnings in your own account. On the other hand, if you choose payment via a credit card, you can expect the money to hit your account anything from one to five days later. If you use PayPal already, our recommendation is to join a Paypal casino. Alternatively, all UK online casinos accept Skrill and Neteller, and withdrawals via these e-wallets are also very fast, which makes them our second favourite payment option.
While it can take a few days for the money to reach your credit card, credit card withdrawals can be convenient because there will be no PayPal fees and because PayPal sometimes delays the transfer to your bank account if it’s over a certain amount (and even if there’s no delay, it normally takes 1-2 days to transfer money from PayPal to your credit card). Almost all casinos accept VISA and Mastercard as deposit options. However, it’s important to remember that bank institutions in different countries are free to determine whether to process transactions from online casinos. With MasterCard, for example, the policy at a lot of institutions is to limit withdrawals from gambling companies, so this means that you would only be able to use MasterCard for deposits, but not for withdrawals. VISA withdrawals are more widely accepted, although some online casinos will still deny you this option.
Finally, the slowest withdrawal method would be Bank Wire transfers. It will take about 24-72 hours for the money to reach your account in this way, and this timeframe doesn’t include weekends and public holidays. What’s more, the fees involved can be quite high!
Fast casino withdrawals with Bitcoin
If you join a Bitcoin casino, you can be sure that once the casino approves your withdrawal request, the money will reach your Bitcoin wallet in a few minutes, and with very minimal fees involved. This makes Bitcoin one of the fastest online casino withdrawal methods. However, not a lot of UK casinos accept Bitcoin, since a lot of them deem this payment method to be the preferred method for fraudulent or money laundering activities. So far we can recommend only one Bitcoin casino: the friendly Yako casino.
Fast paying casinos recommended by CasinoHawks
The below is a list of UK casinos run by operators that have a consistent reputation for fast payouts. All of them have been established for quite a while now, or are run by operators with years of experience in the gambling industry. Our top fast withdrawal casino, Guts, claims to process withdrawals within just 2 hours, and many casinos are following in its steps in their effort to build player loyalty.
Wager-free spins 100% bonus up to £300 on first deposit. 18+. No deposit for wager free spins. Opt-in required. Min £10 first deposit for deposit bonus. 30x wagering requirement applies for deposit bonus and winnings. Max £5 per spin or £0.50 per bet line. Contribution to wagering requirements varies per game.
Withdrawals and document verification
It is normal for your request to withdraw your winnings from an online casino to be subject to approval by a member of staff. Unless you’re withdrawing only a small amount, document verification may be necessary for reasons of security and fraud prevention. One important thing to make sure of if you’d like a fast withdrawal process is to request withdrawal via the same payment option that you have deposited with, otherwise the casino will demand a justifiable reason why you are not withdrawing back to the same account.
Another thing to keep in mind is that the payment option you have chosen (bank card or e-wallet account, for example) has to be in your own name and you also need to have a copy of your passport or ID card handy, as well as a copy of the back of your credit card (if you’re requesting withdrawal via credit card), which has to be signed and with the first 6 and last 4 digits visible.
Having these documents saved somewhere on your desktop will help ensure faster withdrawals. For more information about ID verification at online casinos, we suggest you have a look at our detailed article about casino document verification here
Join a fast payout casino today!
Now that we've covered pretty much everything you need to know about fast paying casinos, it's time for you to play! If you join one of the licensed online casinios on our list, you can enjoy the hundreds of games on offer without having to worry about withdrawals. Get the experience you deserve and withdraw your winnings instantly with the top casinos in the UK market!