Online Casinos With the Fastest Payouts 2021
If you don't want to wait forever for your winnings and are looking for speedy, secure payment methods, then you've come to the right place.
Which payment methods allow the fastest payouts?
The duration of a withdrawal depends on two main factors, namely the payment method used and the processing time of the online casino. Usually, the payout duration of different payment methods remains the same regardless of which provider you play at. Depending on the payment method, this ranges from 24 hours to 7 days. However, there are big differences from casino to casino when it comes to the payment process. Some online casinos guarantee to initiate payouts within a few hours. Others set at least 24 hours to verify the request.
So, it's worth reading up on such info about the provider in the beginning before you decide whether to play with them or not. Below you will find the fastest payout methods in comparison:
|Withdrawal method||Payment period||Casino commission||Commission for transfer to your bank account|
|ecoPayz||24-48 hours||not||$ 5.90 to $ 10|
|PayPal||24-48 hours||not||0,35 $ + 1,9%|
|Visa||2-5 working days||not||depending on the bank|
|Mastercard||2-5 working days||not||depending on the bank|
|Bank Transfer||3-7 working days||not||depending on the bank|
Although winnings payouts are generally quite fast at most online casinos, there are still some differences. Payouts via e-wallet tend to be the fastest. They are also very secure, as you do not have to disclose any sensitive payment data outside of PayPal and Co. At the other end of the spectrum is the classic bank transfer, which can usually take between 3 and 7 days. Nevertheless, they are also very secure, as the transfer takes place between two banks. In the middle range are payouts to your credit or debit card. They are usually faster than bank transfers. The disadvantage is that you have to provide the credit card number.
All in all, however, it is a matter of taste which is the best payment method for you. Also, sometimes withdrawals are tied to the payment method you used to deposit funds. Another factor in the decision is a possible processing fee on the part of the online casino, payment service provider or bank. So, take a moment to read up on the available options before depositing and withdrawing real money.
E-wallets offer the great advantage that you usually receive your winnings within 24 hours.
What are e-wallets?
E-wallets are virtual wallets. Among the best known are PayPal, Neteller and Skrill. Creating and maintaining such an online account is usually free of charge. You can either deposit funds into your e-wallet account at the beginning or alternatively deposit a bank account or credit card that will be used for payments. To pay or receive money with an e-wallet, you usually only need an email address or a customer number. Therefore, PayPal and Co. are very secure payment methods, because you do not disclose any sensitive data. Moreover, both payments and money receipts are instantaneous.
With e-wallets, you enjoy the following advantages:
- No account maintenance fees
- Fast and uncomplicated
- Secure payment transactions
Our 4 tips for fast withdrawals
1. Payment method for withdrawals and deposits
Take into account that some online casinos use the same payment method for withdrawals that you used to make your deposit. If this is not possible, such as with PaysafeCard, then you can select an alternative payment option. For example, the most popular are no deposit casinos with the instant withdrawal through PayPal, it is a combination of the best possible qualities for a casino.
2. Fast withdrawal for VIPs
Check with your chosen online casino about available VIP programs. In doing so, you can enjoy numerous benefits, including super-fast payouts. Some providers even pay out VIP
3. Winnings on the same day
Meet the playthrough requirements. Make sure you meet the playthrough requirements if you have claimed a bonus before you initiate a withdrawal. This will help you avoid any possible delays or rejection of your request.
4. Submit proof of identity
Note that the provider usually requires proof of identity, for example a copy of your ID card or a utility bill, before making a withdrawal. You can avoid delays in the payout by submitting the proof beforehand.
How do withdrawals with bonuses work?
Many online casinos offer their customers a comprehensive bonus program. Even with your first deposit, you will receive a welcome bonus as a new customer, which often increases your deposit amount by double or more. If you have received a real money bonus in the casino online, this is always linked to withdrawal conditions. Thus, you often have to wager the bonus amount received several times before you can withdraw the winnings you have made with the bonus. Find out about the exact bonus conditions on the homepage of your online casino.
Does the payout ratio have anything to do with the fast payout?
No. The payout ratio describes the percentage of sales that is paid out on average to the players of the casino. For example, if the casino advertises a 97% payout ratio, this means that out of 100,000 wagered daily in the casino, an average of 97,000 will be returned to the players as winnings. Whether or not fast payout options are available at this casino is independent of the payout ratios.
Do sites with faster payouts incur any fees in this regard?
All online casino sites offer you many different ways to withdraw your casino winnings. There are both free and fee-based ways to withdraw your real money winnings from the online casino. The fees of the individual withdrawal methods are not related to the speed of the withdrawal.
Can a casino with fewer payment options be rated better than a casino with significantly more options?
The number of deposit and withdrawal options offered alone does not determine whether the online casino offers a good service in terms of money transfers. The speed with which withdrawal requests are processed and the security measures the casino takes for money transfers are included in our ratings. Thus, casinos that offer you the highest possible security for real money payments and fast payment processing are always rated preferentially.
Which payment methods allow for the fastest payouts?
A lot depends on the processing time on the part of the casino provider when it comes to the speed of a casino withdrawal. Especially for a first withdrawal from a casino account, you often have to expect a few days of processing time, no matter which withdrawal method you use. Reputable providers of online casinos often require before an online casino first withdrawal an identification of your person and your account to which you want to make the withdrawal. This ensures that you actually make the withdrawal and no one else. However, all further withdrawals to the same account will be faster after that. Especially with different e-payment providers like e-wallets, but also with credit cards, the withdrawal amount is often freely available to you on the same day.
Can deposits and withdrawals be made using different methods?
It depends on the provider. As a rule, online casinos use the same payment method for withdrawals that you used to deposit. However, it may be that a payment method is only available for deposits, such as PaysafeCard. In that case, you can specify an alternative during the withdrawal process. It is best to check with the online casino of your choice how withdrawals are handled.
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