While we all love to play casino games, and many of us do it for fun and without money involved at all. The online video slots and casino world is built around gambling for money, and to do that you need to have a way to transfer money online. And the last thing you want to do when you’ve had a big win on a slot or at the roulette table is to wait for ages for your casino pay out! This is why we list the best fast paying online casinos!
So here we’ll have a look at fast payout casinos – what you need to check before you use one, why they might be faster, and the other factors that might make a site worth playing at.
Let’s take a look at the best fast paying online casinos for quick and fast casino withdrawals.
Best Fast Paying Online Casinos – Quick & Instant Casino Withdrawals
T&C Apply Free spins - no deposit required & new players only. Claim within 3 days of registration & 3 day expiry. Free spins worth £0.10 each on Book of Dead, winnings paid as cash. Deposit offers available across any two deposits. Both expire 7 days after registration & have 7 days to wager once claimed. Deposit £10, £25 or £50+ & wager 35x for a cash reward. Only cash stakes qualify & wagering contributions vary. 5 free spins on Book of Dead with each qualifying deposit, 3 day expiry. BeGambleAware.org
Why Would You Want a Fast Payout Casino?
The first responsibility of any player is to play safely.
Our best advice is always this (and it’s the advice that the industry hints at in its slogan “When the fun stops, stop”: play games for fun, play games you enjoy and don’t play with winning money in mind.
This is why we urge you to ask yourself why you want to find a casino site that pays out quickly.
The need for money in a hurry is how scammers find their victims. That’s a truth in all industries: if you have desperate people you have potential victims.
So don’t get into that position.
And you’ll do that most effectively by not playing in order to win money. It sounds very counter-intuitive, and indeed it goes against the whole atmosphere of the industry but it’s the best way to stay safe.
It’s completely legitimate to want a casino site that pays out quickly. There’s no benefit in having money that belongs to you sitting in someone else’s accounts. And, if we’re frank, we know that casino sites know that money in their accounts is more likely to be spent on their games. So, it could be that getting money out of a casino quickly is a safe thing to do.
But make sure that’s your motive. If you’re in a situation where you need to get money quickly to meet household bills or to pay debts or other life expenses then you shouldn’t really be using gambling to source that money, and you shouldn’t be spending that money on gambling sites.
Sorry to lecture you, but this is the best fast pay online casinos advice out there: think of gambling as entertainment that you have to pay for in the same way that you have to pay for every other entertainment from video games to football matches to a night at the opera.
Scammers know that desperation is the best marker of their, well, marks, so they are more likely to signal that quick access to money, or free money, or money via certain payment methods (we’re thinking here of sites that use bitcoin only – bitcoin and other crypto are perfectly legitimate payment methods, but just bitcoin should make you think twice) is on offer.
Please bear this in mind.
What Payment Methods are Available at Fast Payout Casinos
Wouldn’t it be lovely if your slot win was handed to you in a downloadable £10 note!
Sadly, we’re not quite there yet, and the casino world online requires online payment methods.
There are a lot of these and they are growing in number. By the time this article is written and published, it will probably be out of date.
The main families of payment methods are:
- Traditional bank and wire transfers;
- Debit cards;
- Vouchers and funded cards;
- Mobile apps;
- Crypto payments.
There was a time when we would have included credit cards in this list, but it is now illegal for UK licensed casino sites to accept payments from credit cards, and if you see them on offer then you should browse away to another site.
How to Find Out How Fast Your Casino Withdrawals are?
We’ll go into some of these instant casino withdrawal methods in more detail later. It would be lovely if there were industry standards that were accepted across the board. Sadly that is not the case.
Capitalist businesses don’t operate in order to supply their product to as many happy customers as possible. They operate in order to maximise their profits. This includes holding on to money as long as possible. Interest rates might be at historical lows, but for any business, it is better to have money than for the customer to have it.
There are legal, publicity, and customer care limits on what sites can get away with, but you can be sure that sites will hang on to money as long as they can. Money in an account is much more likely to be spent at their site after all.
You should be able to find out pretty much everything about payment systems before you even sign up at a site. We believe that good sites don’t hide anything from prospective customers. There are legal limits that mean that people are not allowed to play games until they have proved their age. However, beyond that, a site should make it as easy as possible for potential customers to look around and assess a site by presenting it as it will appear to them when they use it as a customer.
We’ll take a look at a typical site, that we won’t name here, to show you around the payment options.
Payment Options are a Big Selling Point
Firstly, you should know that online casino sites know that payment options are an important issue for players. If you don’t have the right accounts you can’t play.
This means that payment methods are usually prominently displayed on the front page of a site.
This is usually at the bottom of the front page, and while you’re down there checking them out you should also make your first safety checks, which will mean checking that the site has an up-to-date license and good information on safe gambling.
We’ve used a very mainstream, big-name site, these lists are comprehensive but they are a good guide to get you started in the online casino fast payout casinos world.
The site lists these payment methods:
Maestro, MasterCard, VISA, PayPal, Neteller, Skrill, Paysafecard, eco, Direct Wire Transfer, and Entropay on its front page.
That’s a small selection, and there will be more payment methods available at almost all sites.
This covers the usual range of methods though, with debit cards, the three biggest online wallets of the gambling world (PayPal, Neteller, and Skrill), a prepaid card (Paysafecard), ecoPayz offering a particularly mobile focussed payment method, and the old-fashioned wire transfer method.
You should be able to find more information either by clicking on the help page, or on FAQs, or – as is the case on this site – a “banking” page available from a quick link.
This page confirms that you can pay by:
- Debit cards, listing all of the main UK and international brands,
- Neteller, another online wallet that’s a favourite in the gambling world,
- Skrill (previously known as Moneybookers), an e-wallet as well.
- ecoPayz is another e-wallet that you fund from your bank account.
- Entropay is a prepaid card. These cards are useful if you want to transfer actual cash into the online world, as you can buy them in real-world venues and then use the numbers online.
- Paysafecard is a voucher in the true sense, and you don’t even need to have a bank account to use it.
- Wire Transfer is the online way of transferring money into your bank account.
If you dig deep enough into the guides at any site you’ll probably find that most sites will even send you a cheque in the post with your money. This is the slowest possible transfer method we believe.
How Fast Will my Money Come?
You should also be able to find a list of what terms and conditions are attached to each of these payment methods.
We’re looking at payment speeds here, but you can also look for information on whether there are any charges on transactions. You should also be able to find out which transactions are available in which currencies (we’re looking at UK sites for UK users, but most sites are basically international these days); and limits on withdrawals.
Let’s look at the examples on our guinea pig site.
If you withdraw to or deposit to a debit card, all your transactions are *free and instant.
*Free means that the online casino site doesn’t charge you, but it is possible that the payment processor will make its own charges.
Clicking on PayPal tells you the same thing: withdrawals and deposits are instant and *free. This is interesting because the site tells us that “there may be charges levied by PayPal” when we’re sure they know very well that PayPal charges a 6% fee on transactions.
Neteller withdrawals and deposits are instant and *free.
Skrill transactions are also instant and *free.
EcoPayz shows the same terms.
Entropay the same for deposits but withdrawals can take between 3 and 5 days, and in most cases, this will mean 3 to 5 business days, so Saturday and Sunday don’t count!
Paysafecard deposits are *free and instant, but you cannot withdraw to Paysafecard, and your winnings will be paid by cheque in the UK.
Wire transfers are free for deposits and instant if you have the funds in your account. Withdrawals are free if they are above the minimum amounts on the site we used, which are high, at £100. Otherwise, there are charges for withdrawals, at the moment they are £5.
There is more to check as well and that is the security level offered by the site.
The option to default to cheque when you can’t receive withdrawals to a payment method is probably a money-laundering safety mechanism.
This is another thing to consider when you choose your fast payout casino payment method. It is the usual custom to receive money to the payment method that you used to fund your account in order to avoid money laundering. So be sure that you’re using an account that you trust and have long-term plans for when you use a payment method.
You should also check whether the payment method you use will make you eligible for bonuses. It’s not uncommon to exclude Neteller and Skrill from welcome offers.
Instant Casino Withdrawals at Mobile Casinos
These methods are all quite well established in the online casino world. It is becoming more and more common for players to use mobiles to access their online casino games.
Mobiles are producing new payment methods. The fact that mobile users are often playing while on the go means that they are unlikely to want to juggle payment cards around, and that typing in passwords and account numbers is unwieldy and no fun.
Specialist mobile payment methods are springing up.
The two most common are pay by mobile, which is a way to add the charges for your casino to your phone bill.
And Boku, which is an app that carries out the same process for you.
It is very rare to find withdrawals available to these methods: you would only end up with more credit on your mobile phone bill, which isn’t much use. So will need to default to another withdrawal method, and it may be cheque, the slowest method available, although we have seen options that allow you to withdraw to an e-wallet or debit card.
Stay Safe at Every Speed
We make no apologies about returning to where we started, which is safety, your safety, and your financial safety.
However, you do deposit and withdraw the cash, so make sure you do it safely. Make decisions around cash and budgets carefully and with regard to your overall financial and mental health rather than short term wishes about gambling.
Getting money in a hurry is a worrying sign that you may have a gambling problem so make sure you know that you’re only spending money that you can afford to spend when you gamble.
Fast Payout Casinos FAQ
Does the Payment Method I Use to Play Online Casino Games Affect Withdrawal Time Frames?
Yes, the payment method you use at an online casino will determine how long you wait for your winnings. Debit cards are the most convenient methods of all, but e-wallets are becoming more popular due to the speedy withdrawal process. The advantages of using a debit card are your details are stored on the casino for an almost instant transaction whereas, when it comes to the likes of PayPal, you will be directed away from the casino to complete part of the deposit process. Logging into your e-wallet account is just the first step, next you need to choose an amount you wish to play with at your desired online casino and the third step is to confirm the transaction. From there, you will be sent back to the casino with a confirmation of whether your deposit was successful or not.
When Can I Expect My Debit Card Withdrawal in My Account?
Debit card withdrawals take on average 2 to 5 working days to process and this has nothing to do with the online casino, it’s largely down to your bank. Some banks and types of debit cards are quicker, but not by much.
How Quick Are E-Wallet Withdrawals?
E-wallet withdrawals are the quickest to process, taking on average just 24-hours. This timeframe is once pending has taken place. Some operators such as Mr Green and Leo Vegas process e-wallet withdrawal requests within an hour max, making them the quickest online casinos when it comes to cashing out your winnings.
If I Use PayPal to Play Online Casino Games, How Long Does it Take to Go From PayPal to my Bank?
As soon as your PayPal withdrawal has been processed and has reached your PayPal account, the time it takes to go from there to your bank is about seconds. To request a withdrawal via PayPal, head to the casino cashier and choose PayPal as your withdrawal method. Once verified, the funds will be waiting to be transferred to your bank account. Log into your PayPal account, request a withdrawal by following the simple steps on your screen and the funds will almost instantly be readily available in your bank.
Why Do Some Online Casinos put Withdrawals in Pending?
Pending withdrawals just means the casino is busy doing other things and will get to your request within a 24-hour period. More often than not, withdrawals are looked at within the hour, unless it’s the weekend, bank holiday or other seasonal time of the year.
Can I Reverse My Withdrawal Request?
Up until 2020, pending withdrawals in the UK could be reversed but with new legislation came new rules. Revering withdrawals would allow the player to effectively cancel their withdrawal request to play on, but this was proving to be an issue for people with a gambling problem and those who were tempted to carry on a little longer, so all operators were required to remove this feature. Prior to the new change in the law, players had a set time in which to reverse their withdrawals and many online casinos were accused of inviting them to play on by placing pending funds in a state of limbo for 24-hours.
I Have a Pending Withdrawal, Why Can’t I Request Another Withdrawal?
Some online casinos only allow one withdrawal request which can prove to be problematic for many players. Here’s an example: Play OJO Casino, the home of zero wagering requirements, only welcome one withdrawal at a time, whereas other top-rated casinos welcome many. If you win £1,000 and request a withdrawal of £500, and your remaining £500 balance sees you win another £1,000, you won’t be able to withdraw any more until your previous one has been processed, and you’re talking a good 24-hours. This in itself could see you paying more money than you wanted to when you get caught in the moment. But there are safer gambling tools in place that can stop you from playing more until your withdrawal is processed.
Do Fast Payout Casinos Charge a Fee for Withdrawals?
Whether an online casino processes withdrawal quick or slow, there are no given rules on fees. Fees could be set by your payment provider or the casino itself, and paying our winnings quick doesn’t mean you will be hit with a fee.
Are Jackpots Paid Out in Quick Time at Fast Paying Casinos?
When a large sum is won, the casino and the software developer behind the game will need to run some checks. They will need to establish how you won, what you won and when. All standard stuff but stuff that could take a good few days to verify. Once your win is verified, the sum is credited to your bankroll and from there, you need to request a withdrawal. There are limits to the amount you can request to withdraw at most casinos, but progressive jackpots will be paid in full. Standard jackpot wins may be paid in increments until the final balance is paid in full, but you’ll need to read the terms and conditions associated with a jackpot win on your chosen online casino.
Can I Claim a Welcome Bonus at a Fast Paying Online Casino?
Yes! Almost all online casinos offer a welcome bonus, but there will be terms and conditions attached to that bonus. Wagering requirements must be met before a withdrawal will be processed and the larger those are, the less likely you are of being able to cash out. Wagering of 10x on a £100 bonus is a £1,000 spend before being able to cash out. The wagering of 10x on a £1,000 high roller bonus becomes a spend of £10K. When wagering is met, withdrawals are processed – 3 to 5 days for debit cards or up to as quick as an hour for e-wallet withdrawals.