Online Casinos With Fast Payouts

There are a lot of factors that contribute to a great online casino. There’s a casino’s reputation, their game selection, promotions, etc. But one of the most important aspects of a real money casino is their payout speed. Long wait times for payouts can impact a site’s reputation and frustrate their users.

The fastest paying online casinos put their players first by adding instant payout methods, offering exceptional customer support, and transparent information on their site about expected cashout times.

In this article, we’ll discuss the qualities of the fastest payout online casinos, what you can do to get your winnings quicker, and what casinos to use—and ones to avoid—for optimal payout speeds.

The Fastest Paying Online Casino

Wild Casino is probably our favorite online casino right now. They’re fairly new, opening in 2017, but they’ve already impressed us with their professional and fun approach to online gaming.

New players can claim a 250% deposit bonus up to $5,000 as well as free spins on popular slots games! Their offer is one of the best among online casinos to date.

And they back up their bonus with a quality selection of games, including everything from the best slots machines to multiple blackjack and poker games.

Wild Casino takes the title as the best online casino for fast payouts, and here’s why:

To make the most out of your experience at Wild Casino, we suggest using Bitcoin for both deposits and withdrawals. Wild Casino doesn’t impose any fees for Bitcoin transactions, and your withdrawal will be completed between one hour with a maximum of 48 hours.

Plus, their site is all-around awesome, with features like:

To learn more about this great online casino, check out our comprehensive review!

Other Online Casinos With Fast Payouts

Online Casinos to Avoid

While there are some online casinos we don’t recommend because they’re the middle-of-the-road type of gambling sites, these casinos should never make your list. They’ve been reviewed by many experts and players have voiced problems with them like unfair gaming practices, missing payouts, and poor customer service.

What It Means to Be a Fast Payout Online Casino

Of course, a fast payout online casino gets you your money lickety-split, but that’s not all they are.

The best online casinos with fast payouts are dedicated to their players, efficient, and reputable. There’s no sense in choosing an instant withdrawal casino if they aren’t an all-around great place to be a member.

Dedicated to Its Players

By making their payout options fast and simple, casinos have already dedicated time and resources to make player experiences better.

However, it doesn’t stop there. The best real money gambling sites frequently offer consistent player promotions, update their software, add new games, and give away free stuff.

They make it their business to provide you with the best products on the market, and they want to keep you happy.

Efficiency at Its Finest

Aside from the fact that payout speeds are lightning fast, these casinos run like well-oiled machines. Transactions are seamless, customer service is top-notch, and you’ll rarely experience a glitch.

This may not seem important, but when it comes time to cash out your winnings, you’ll be glad everything went off without a hitch.

The casino will only offer banking methods that are quick and painless, not just for them, but for you, the player. These include e-wallets and cryptocurrencies.

Reputable and Secure

The best payout casinos are also the most reputable. This means they have been vetted by industry experts and are licensed and regulated in a major gambling jurisdiction.

They use the latest in encryption technology to protect your personal and financial information. In addition, their random number generators (RNGs) are regularly tested by independent auditors to ensure fair play.

Both a casino’s license and game certifications can be found in the footer of their website or on their legal page.

How We Review the Fastest Paying Online Casinos

Here at The Sports Geek, we take online sportsbooks and online casinos very seriously. After all, people are looking to us for the best recommendations and tips!

That’s why we’ve laid out a set of criteria we use to rank each online casino and sportsbook. Below, we’ll detail each of the criteria and describe why each is a necessary part of a review.

How Fast Are the Payouts?

Some online casinos that advertise fast payouts don’t actually have speedy transactions. We classify fast payouts as those between the one-day to three-day range.

In most cases, if you’re using cryptocurrency, your payouts are almost instant. If a casino takes longer than a day to send a crypto payout, they aren’t worth your time.

Do They Have Good Customer Service?

Customer service matters just as much as an efficient casino. You want to be able to contact your casino if you have a question or need help with a transaction.

Both live chat and email support should be available 24 hours a day, 7 days a week. In addition, we prefer casinos that have knowledgeable agents who can speak clearly and provide great information.

What Games and Bonuses Do They Offer?

Some casinos have extensive games but don’t offer bonuses or promotions. Others are packed to the brim with freebies, but their game collection is far too small.

Asking this question helps us determine what kind of casino experience you can expect. Are you going to get free money to play on a handful of games, or will you be able to use your bonuses on a whole selection of games?

Is Their Site Mobile-Friendly?

If you’re looking to play slots or casino games on your phone or tablet, then mobile-friendliness is a must. These days, nearly everyone has their smartphone by their side at all times.

In addition to mobile-friendly websites, we also take a look at their proprietary apps and how much effort has gone into designing them. If you’re going to use the casino’s software on your phone, we want to make sure it’s got all the bells and whistles!

Are They Licensed and Secure?

One of the most important factors we look at is whether or not a casino is licensed and regulated. Without these licenses, they wouldn’t be able to offer their games to players in certain jurisdictions.

In addition, good online casinos use the latest in encryption technology to protect your personal and financial information. Their random number generators (RNGs) are also regularly tested by independent auditors to ensure fair play.

What Are Their Banking Options?

Casinos that market themselves as fast-paying but if they don’t offer cryptocurrency options, then they’re lying. We only recommend casinos that offer Bitcoin, Ethereum, Litecoin, and other popular cryptocurrencies.

If you’re looking to use a different currency, the casino should at least offer PayPal and credit card transactions. These are two of the most popular methods for depositing and withdrawing money from an online casino.

Why Play at a Casino Site That Pays Fast?

Instant Banking Methods at Online Casinos

Instant banking methods are those methods that take less than a few hours to withdraw with. This is kind of a misrepresentation of the word “instant.” But compared to other banking methods that take days or weeks to clear, these methods are definitely the fastest.

Cryptocurrency

One of the big draws of crypto is that it’s fast—like, super-fast. Bitcoin transactions are usually processed within an hour, while other crypto push the limits with transaction speeds around five seconds. Plus, crypto has low fees and provides extra security for the user.

When considering using cryptocurrency, think about the cost. Most cryptocurrency exchanges (where you can buy/sell/trade crypto) charge a fee for transactions. For example, Coinbase will charge $0.99 for each buy/sell order.

If you’re moving large amounts of money, like if you won the jackpot, crypto is your best option. Usually, transaction fees are a set rate instead of a percentage.

Moving $1,000 with PayPal might cost you $50, while moving it as Litecoin or Tether might cost you less than a dollar or nothing at all.

Some of the best crypto for gambling are:

• Litecoin
• Tether
• Ripple (XRP)
• Stellar

How Do I Set Up a Cryptocurrency Wallet for Online Gambling?

• Step 1: Find a crypto exchange. These websites allow you to turn your fiat currency (like USD or the Euro) into cryptocurrency, like Bitcoin or Ethereum. There are plenty of crypto exchanges out there, but we like Coinbase, Binance, or Kraken.
• Step 2: Verify and fund your account. To sign up for a crypto exchange and actually purchase crypto, you’ll have to verify your account. This requires giving the exchange your information, like your SSN, driver’s license or state ID, home address, and email. Usually, if you provide the correct information, your account will be verified in a few minutes.

  Then, you can set up a payment method, usually a bank account number, credit card number, or a PayPal address.

• Step 3: Purchase and store your crypto. Once your fiat currency has been accepted, you can now purchase whatever crypto your heart desires. Bitcoin, Ethereum, and Litecoin are all popular choices for online casinos.

  Once you’ve made a transaction, you can store your crypto in a cryptocurrency wallet. Like an online (or offline) safe for your goods. Most exchanges have built-in wallets, but you can use third-party wallets like Exodus or Mycellium if you want more security.

• Step 4: Fund your online casino account. This part is fairly simple. Navigate over to your favorite online casino’s cashier page. Select deposit and choose cryptocurrency. The online casino will ask for your crypto-wallet code, which will establish a secure connection between you and the casino where you can deposit funds.
• Step 5: Play and withdraw. You can now use your digital currency to play casino games! Once you’re ready to make a withdrawal, you first have to check the withdrawal limits on the cashier page. Some online casinos only allow you to take your money out if it’s over a certain amount. But if everything’s in order, all you have to do is enter your crypto wallet code and request a transfer. Simple!

Other Fast Online Casino Withdrawal Banking Methods

If you’re not into cryptocurrency, your next best option is e-Wallets. Most online casinos offer e-Wallets like Skrill, Neteller, and PayPal, or vouchers like Paysafecard.

And talking about credit/debit cards, most casinos offer Visa and Mastercard options, while others also include Discover and American Express.

E-Wallets

There are a lot of e-wallets out there, but Skrill, Neteller, and PayPal are some of the most popular options.

These banking methods have instant deposits and withdrawals can take up to a few days. This isn’t really a fault of the e-wallet, more so of the casino. They take time to verify the transaction and move the funds to your account. In the best-case scenario, you’ll see your funds back in your e-wallet within a few hours. It really all depends on the state of the network and when you request a withdrawal. If you cash out early on a Sunday morning, you might have to wait a bit longer.

Another element to consider when using e-wallets is whether you’ll keep the funds in your wallet, or move them to your bank account. Moving funds to your bank account can take anywhere from 1-5 business days, so don’t count on having that money immediately.

Plus, these e-Wallets often impose fees for transactions, ranging anywhere from 1-3% of your transaction. And then if you want an instant withdrawal to your bank account, you’ll have to pay a premium.

Credit and Debit Cards

Credit and debit cards have instant deposits, and withdrawals can take anywhere from 3 to 6 days to process. The casino has to verify the information with the bank or credit card company before sending the funds, and after that, it might take some time for that money to appear in your account.

Online Casino Banking Methods That Can Be Slow

While the previous banking methods are the most popular, there are some people that prefer to do things the old school way. Getting a check by mail or courier is a great option if you win the jackpot and need a secure, relatively fee-free method of getting your money. However, if you’re withdrawing $300, it might be better to take a rain-check on the check (get it?) and use a card or e-Wallet.

A lot of it comes down to preference, too. If you’re fine with waiting up to two weeks to see your winnings, by all means, request a check or money order. But if you’re in the business of getting your money as soon as possible, check out the options listed above.

Checks

When you request a payout as a check, the casino will write up the documents and send them via snail mail or a courier. You might incur some fees if using a courier, but it’s faster than by mail.

Some casinos only offer a few withdrawal methods, and a check might be your best option. Casinos like this try to send payments as quick as possible, but it also depends on when you request it. As with e-Wallets, if you opt for a check on a Saturday night at 11pm, you can tack on a few extra days to your wait time.

Bank Transfers and Money Orders

Bank transfers and money orders are sometimes hit-or-miss. They might be processed the same day, or you might have to wait for a week before it clears. It really all depends on the casino’s process.

If the casino waits for a batch of bank transfer requests to come in so they can do them all at once, you might have to wait a few days. But if they have an automated system that sends funds out when the requests are submitted, that timeframe can be much smaller.

The Difference Between Fast Casino Deposits and Withdrawals

There’s a distinct difference between a fast deposit and a fast withdrawal when it comes to online casinos.

Crypto, credit/debit cards, and e-Wallets all initiate your transaction as soon as you click submit, and the funds appear in your gambling account almost immediately.

Withdrawing funds is a different story entirely. Unless you’re using crypto, withdrawals are almost never as instant as deposits. It takes time for the casino to verify the transaction with your bank, credit card company, or e-Wallet provider. As such, fast withdrawals usually occur within a few hours up to a day or two.

Casinos advertising fast transactions must specify if they mean deposits or withdrawals. Deposits are almost always instant, while withdrawals will take longer.

Fastest Paying Online Casino FAQs