Fastest Payout Casinos in 2020

Fast payoutThe best part of the online casino experience, besides from playing your favorite games of course, is that moment when you decide to payout your hard-earned winnings. Once you decide to hit the ‘cash out’ button you can be met with one of two options. You can either receive your funds fast or you can be taken on what feels like a wild goose chase before you finally get to see your funds in your account.

We have compiled a list of the fastest paying casinos and provided some useful information about casinos with fast payout times.

Everyone naturally prefers the 1st option which is why fast-paying casinos are so sought after. Our top fast paying casino this month is LeoVegas.

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Quickest Payout Casino
Get a 200% match deposit bonus
  • Fastest Payout Casinos 2020
  • Launched in 2017 and licensed in Curacao
  • Good selection of deposit methods, incl. Bitcoin

How to identify a Fast Paying Casino

Many people struggle to identify which casino provides fast payouts. Well, never fear, we have tons of experience in this regard and can reveal our ‘go to methods’ on how to identify fast paying casinos right quick.

The easiest way to identify a fast paying casino is to take a few minutes to read the terms and conditions on the casino website. This should give you a description of what you can expect when cashing out. For example, you may see “cash outs are subject to identity verification checks” which could result in extra delays.

The site may also give a description of which payment methods have the shortest turn-around time. At the end of the day, the terms and conditions of service will always provide you with a good description of what exactly you will be getting yourself into.

What we have noticed is that the most popular and reliable casinos offer the fastest payout times. This is simply because the bigger the casino brand is, the more resources they have on hand to invest in you. This, of course, means more efficient banking methods which improves deposit and withdrawal times.

What is The Best Banking Method for Fast Payouts

The truth of the matter is that all banking methods offer its own pros and its own cons, especially when it comes to the reasoning and protocols of action, as well as that of making fast payouts. You can be sure that whatever payment method you choose to use, this will heavily influence the speed at which you are paid out.

Let's take a look at some of the most popular payment methods;

  1. Credit/debit cards

    Credit and debit cards are perhaps considered as the most widely used and accepted method of payment. This is true both on and off the internet. The fact that you probably already have this set up means that you are familiar with how to use it to make payments online, and how to go about depositing and withdrawing funds from any given gaming account. The only downside is that there usually are transaction fees that could be incurred using this method. You can usually expect between 24hrs-72hrs (business days) for your payout to reflect.

  2. eWallets

    eWallets are another great way to receive fast payouts. In fact, eWallets are the quickest way to receive your cash when you decide to cash out. This quick and easy method will see your fund in your hands within 24 hours (sometimes instantly.

  3. Wire transfer

    Bank wire transfer is quite old school when it comes to online payments. As such this method is slow and will cause unnecessary delays. You can expect up to 1 week of processing time before you get your cash in your hands.

When payouts are not Instant

There can be any number of reasons as to why payouts do not reflect instantly, but below are 3 of the most common.

  • Maximum withdrawal amounts
  • Verification through Identification documents, before releasing funds
  • Checking and confirmation of all wagering and gaming requirements have been met, as per the prescribed Ts and Cs

FAQ’s

Why are casino payouts delayed?

Casino payouts are usually delayed due to cumbersome administrative requirements which require casinos to verify the person making the withdrawal. Furthermore, the banks and 3rd party payment services can also account for serious delays as well as additional costs.

Is there a maximum amount I can withdraw from my account?

There may be maximum amounts you can withdraw. When a player wins a huge 6 figure jackpot, he or she may have to withdraw funds in portions over a period of time. This is, of course, not ideal but it ensures online casinos do not suffer a liquidity crisis.

What security measures are in Place?

You should ensure that the casino site is encrypted with SSL technology. This will protect your personal information from potential hacks. You should also be 100% certain that the site has been accredited by a reputable gaming authority.

Can I trust my Casino with my Real Money?

The short answer is yes. It is in the best interest of casinos to protect your real money as this is why they are in business in the first place. You can trust casinos, but always be vigilant and use your intuition to guide your decisions!

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