One of the last interactions you have with any casino gambling site is the payout (or withdrawal). After all the fun is done and over, the final step is to cash in your earnings. This is arguably the best part of gambling online. Few things feel as rewarding as seeing all that hard work and good luck pay off with a real deposit in your bank account.
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It is of utmost importance that online casinos get this part right. You wouldn’t want to play somewhere if withdrawals were difficult to receive. Getting your money is kind of the point of gambling in the first place!
We’ve all heard the horror stories of players having a hard time getting paid. Unfortunately, some casinos have been known to cut corners on sending out payments. No matter what the excuses may be, it is unacceptable for anyone to delay paying out legitimate winners.
More about Cashout Speed
The speed of your cashouts is determined by a few factors. The competence of the casino site is a big one. Some sites are just better at managing money than others. Good sites keep players’ funds in segregated bank accounts and they never use Player A’s balance to pay off Player B. They also maintain good relationships with their payment processors.
Your location in the world also has an impact on how quickly withdrawals are processed. In some regions, payment options are limited thanks to poor banking systems and anti-gambling legislation. The United States, for example, prohibits banks from transferring money to and from known casinos. Payments to the US are always a little slower than payments to gambling-friendly countries such as the UK.
Your chosen withdrawal method also plays a role in speed. Bank wires and ACH transfers are generally the fastest payout methods. If those options are available to players in your part of the world, we recommend trying that.
Paper checks take a little longer simply because they have to go through the mail to get to your house. This option is not all that bad though. The fastest casino sites can get a check to your front door within a week or two. This payout method is most frequently used by players in the United States.
Payouts to e-wallets such as Neteller and Moneybookers tend to be very fast as well. In many cases, payments to e-wallets are almost instantaneous. Once you get the money to your e-wallet account, you can either send it on to your bank account or move it over to a new site.
It is not uncommon for online casinos to ask you to scan a copy of your ID and a utility bill the first time you ask for a withdrawal. This does add an extra step to getting your money, but it only applies to the first payout you make with that site.
And don’t worry; the request is legitimate. Many places ask for this information in order to confirm your identity. They are just trying to protect themselves from fraud. When it comes to sending money over the internet, it never hurts to make sure you’re sending it to the right people.
If you ever receive an identification request and something looks fishy (like if it comes from a random e-mail address), visit the casino site yourself by opening a new tab and typing in the URL by hand. Then you can give customer support a call and ask them if they sent that request.
One Last Note
We’d just like to mention that this list does not mean we list slow-pay casinos on other pages of this website. If a casino is known for slow-paying or no-paying, we do not recommend that site anywhere. This page just shows the casinos that have been the fastest in our experience.