Fast Cash Out Online Casinos
Page updated on: 27.05.2021
The withdrawal time is a very important factor for many casino players, who would like get their winnings paid out as soon as possible. We have good news for players, as the competition from the many casino operators has led to much better service with faster cashout times, as many process payments within a few hours, or a day.
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The withdrawal request at a casino is not processed immediately or automatically. It's an instruction to the casino operator to initiate a transfer to you. Your payment request is first checked and verified by the operator.
There are a few factors that can prolong the time it takes for the casino to carry out the payment. Our detailed casino payment guide provides you with more information about the payment time and everything else relating to the processing about payments.
Casinos with a fast cashout time of 1 hour to 1 day
This table below gives you an overview of online casinos with a fast withdrawal time of between 1 hour and up to a day... although the time it takes to process the payment depends on a few factors, described in more detail below, which can lead to a longer withdrawal time.
Fast Payout Online Casinos 2021 - Find out about the best online casinos providing fast payouts in May 2021. Access your winnings quicker than ever before when you win real money online instantly. Many online casinos also offer to increase your withdrawal limits. And, as we said earlier, withdrawing larger sums is another way to receive fast payouts. For example, say a casino lets you cash out $2,000 two times per week, but another lets you cash out $5,000 once per week. Which is the fastest payout?
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| 20 Freispiele ohne Einzahlung nach der Registrierung, 1. Einzahlung: 100% bis zu €300 + 100 Freispiele | ||
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| (T&Cs apply)20 Freispiele nach der Registrierung, 1. Einzahlung: 100% up to €500 + 100 Freispiele ▼ Mehr Details ▼ 20 Freispiele ohne Einzahlung nach Registrierung. Freispiele sind für Book of Dead. Umsatzbedingungen: 30x Bonus plus Einzahlung, Freispielgewinne 30x. Mindesteinzahlung für den Bonus ist €10. Spielgewichtungen gelten. | ||
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| 20 Freispiele ohne Einzahlung, 1. Einzahlung: 150% bis zu €150 + 50 Freispiele | ||
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| 100% bis zu €100 + 25 Freispiele | ||
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| 1. Einzahlung: 150% bis zu 1 BTC oder 10BCH/ETH oder 50LTC +150 Freispiele 2, 3. und 4. Einzahlung: 50% bis zu 1 BTC oder 10BCH/ETH oder 50LTC oder 2 Mio DOGE | ||
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*Bonus T&Cs apply! Accuracy not gueranteed, terms can change any time.
Table of Contents:
⇒ Verification of the player's identity (KYC)↷
⇒ Investigation of how bonus money was used↷
⇒ Withdrawal limits and restrictions↷
⇒ Verification of the turnover of the funds↷
⇒ Fast withdrawal payment options↷
⇒ Pending times↷
⇒ Fast Withdrawals FAQ↷
Account verification before payout processing
A casino operator licensed in the European union will have to verify their player's identity, as this is part of the regulations from the gaming regulators that have issued the license(s).
These measures are in place to prevent fraud, including credit card fraud, which protects the casinos as well as the players. Regulatory bodies for remote gambling operations require KYC documentation from the licensee's players in order to prevent money-laundering, fraud and the financing of terrorism.
To verify your identity with the casino you'll need to send them proof of your identity, which can be a clear photo or scan of a government-issued ID card or valid passport, and they also require a recent proof of address, usually not older than three months, to prove the country of residence of the player. This can be a phone bill, water bill, electricity bill, or a bank statement showing your complete address and country of residence.
The operator may also ask you to provide proof that you're the rightful owner of the e-wallet or the credit card that was used for the deposit at the casino.
This means that if you've used a credit card for the deposit, you might get asked for a photo or scan of the credit card that was used, on which you can make a few details unidentifiable.
The casino's KYC personnel usually need to see the name and first and last few digits on the card, but not the complete card number or CVV security code, which means you won't have to be concerned to disclose your card details, and the card being compromised.
If a player has used an electronic wallet service for the deposit, like for example Neteller, the casino may ask them to send a screenshot of the e-wallet account that shows the account holder's name.
The casino operator will inform you which documents they may require from you in order to complete the verification. If you've used a credit or debit card, the best thing is to verify the card with the casino operator immediately. It had happened in the past, that a casino operator would request proof of card ownership from users, who didn't have the original card anymore, as they had expired in the meantime, or they had gotten lost.
In case you haven't done the KYC with the casino yet, you may expect longer payout times, especially for the first withdrawal request, which would result in a longer waiting time for your money.
It can take casino operators a few days to verify and check your documents. Once your player account has been verified, the operator can process your withdrawal request, which may then take only a few hours or a day.
Turning over and cashing out bonus money
Once you accept bonus money from an online casinos, you have to know that this money cannot be cashed out, but that it's tied to wagering requirements and bonus terms.
These bonus terms can be very restrictive, and they vary greatly among operators. You can find more information about bonus wagering requirements and terms in our bonus wagering and terms guide.
The bonus terms essentially give you information about the turnover requirements and other limitations that affect how you can play the bonus, and which games you are allowed to play with casino bonus money.
If you're one of the lucky players who manage to turn over the bonus, and convert it into cash, you may consider withdrawing the winnings. Before this withdrawal is processed, the casino will take a close look, and check how you played the funds, and if they find that you breached these bonus terms in any way, they will cancel the winnings, remove them from your account, and not pay you.
There are several ways to be in breach with bonus terms, and they are sometimes easily overlooked. One example is the maximum bet size for bonus money. If the operator states a maximum bet of €5 per spin, and you play with a higher wager, the winnings won't be valid in the eyes of the casino's fair play policy.
This can happen, even if the casino doesn't stop you from playing with a higher wager than stipulated - you'd only find out from the casino later that you breached the rules.
The casino will also check how you've played with the bonus in general, like for example in case you've played with a live casino bonus, they will check for low-risk-betting or other table game strategies, which might increase your chances of turning over the bonus without much effort.
It is crucial to read the bonus terms and conditions carefully at every casino where you're accepting bonus money from!
Withdrawal limits - Daily, weekly and monthly maximum amounts
Your requested withdrawal will also be checked for other factors, including the general limits of the casino - if the casino has any. Some casino operators restrict how much money players can cash out in a pre-defined period of time, like a month, week or even a day.
This measure aims to protect the operator from having to pay out large sums to a player in a short time. Some operators claim that limiting the payments of larger sums to users is done to protect them, but in reality, they really just don't want to pay you the whole sum, with hopes that you to lose some of that money in the games, and decide not to cash it all out after all.
Many online casinos have withdrawal limits in place, especially smaller or newer companies, which may not have the cash-flow to pay out huge jackpots, or when very large payments would affect their day-to-day business.
However, there are also more established and larger casino operators that limit withdrawals of their players. In many cases, VIP players have higher limits. Find casinos without withdrawal limits here.Play-through requirements of casino funds
When you deposit money at a casino, it will mean that you will have to play the money at least once. You cannot deposit and then withdraw the money without playing the games. This is not allowed due to anti-money-laundering regulations, as money paid from casinos are classed as casino winnings.
Once you start playing the games, and you win, the deposit is turned over, and these winnings can be cashed out, although the funds may be subject to minimum withdrawal amounts.
An example: you make a deposit of €10 at the casino. You play 20 slots spins for €0.50 each. This means that you've fulfilled the wagering for the deposit. Whatever you have won from those 10 spins is credited to cash balance that can be withdrawn, or you can continue playing.
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Some operators allow deposited but not turned-over funds to be withdrawn, but they will charge a hefty fee for it, one that would make money-laundering at the casino unattractive.
Reversing a deposit or claiming a refund is also not allowed. Once you play the games, they are considered as consumed immediately, and you cannot ask for a refund afterwards, for any reason whatsoever, including not liking the game for example.
You can try out the games with play-money, and see if you like them. We recommend playing slots and other casino games for free first, as you have no risk of losing any money.
Although most online casinos require you to turn over the deposited funds at least once (1x), there are some who require the deposit to be wagered more than once, often even three times (3x), which isn't favourable to the players at all, and serves only the casino.
It's very important that you take a good look at the payment policies and terms upon registering at an online casino.
Good payment methods for fast casino withdrawals
The payment option you use for the casino withdrawal will have a great influence on how fast you'll get your money paid from the casino operator. Conventional bank transfers are among the slowest payment methods, as well as cheques (which are hardly used nowadays anyways).
A traditional bank transfer can take up to 5 business days, but there are also faster providers that offer fast bank transfers for sending and receiving funds within minutes.
MMost instant banking methods can be used for the deposit, and if they can't be used for the withdrawal, a regular bank transfer will be performed. Instant banking methods include Trustly, Klarna, Rapid Transfer, Interac Online, and many more, with availability depending on your country of residence.
Pay N Playor Bank ID is a method that combines the payment with the registration. You can receive and send money within a few minutes, and it's not even necessary to create a user account at the casino - the registration is made automatically with the first payment.
However, these types of payments are only available to players from select countries and only at a few online casinos. Currently, users from Finland, Sweden and Germany can use their BankID to make a combined registration and payment.
A Pay N Play or Bank ID withdrawal is often processed within 15 minutes, which makes it one of the fastest payment methods currently available.
Other fast payment options are e-wallets, which are virtual accounts that allow you to store funds and spend them online, or you can get prepaid cards to make payments in shops too or withdraw money at cash machines. Many e-wallet providers are available nowadays, like for example Neteller, Skrill, Jeton, MuchBetter, PayPal, wwhich accept users from many countries in the world, but there are also some local options available.
Our payment overview has listed most payment methods which you can use at online casinos nowadays, so if you have a payment method in mind, that you wish to use for a casino payment, you can find online casinos with the specific method on our pages.
You can also look at our country overview (if your country is featured), and you can see our recommendations for payments available for that country.
Pending times for withdrawals
The pending time for withdrawals at casinos is the time it takes the operator before they process a withdrawal. In the past this was rather long, but it's much shorter nowadays. Before this time is passed, they wouldn't even look at the withdrawal request.
The pending time used to be 3 to 4 days with many operators, and it still is at some, and the only aim was to prolong the payment process, to get the player to reverse the withdrawal request.
A reversed or cancelled withdrawal meant that the player could stop the transaction, and that the funds were put into the player's real-money balance again.
Very long pending times are not common anymore. The fierce competition among online casino operators led to improved services and better treatment of players. Players can now chose operators with a faster withdrawal processing time in general.
Today, most casinos have a much faster payment processing time, but many are a little slow with processing the payments, which is a hidden pending time of sorts.
Some operators stick out the crowd and put an emphasis on super fast cashout times within an hour or a day.
Most trusted online casinos do withdrawals within one or two days, although some factors lead to a longer withdrawal time, like the account verification and other checks, including the use of a casino bonus. The weekend can also be a factor, as not all casinos process withdrawals on the weekend.
FAQ for online casino withdrawals
The general terms and conditions of the online casino should show the operator's payment policies. Most casino operators will give you an estimated time of how long it will take them to process a withdrawal.
However, there are some factors that can have a negative impact on the cashout time, including the verification of the player's identity (KYC procedures), or when you've played with bonus money. You can learn everything that is important about the casino here on this page and find licensed and trusted casinos with a fast withdrawal time.
Some online casinos apply a pending time for withdrawals. Only once this time has passed, the operator will look at processing the withdrawal.
This pending status allows players reverse a withdrawal request if they changed their minds. The funds are then transferred back into the player's account again and can be used to play the games again.
Longer pending times are rare nowadays and more common at unlicensed casinos, or those with questionable licenses. Today, online casinos compete for the best and fastest service, also with withdrawals, and that is really good news for players.
Players from the UK who play at UK licensed casinos will have their withdrawal locked and can't cancel it once it's been requested. Similarly, some online casinos allow you to lock withdrawals, that cannot be cancelled by the player.
The verification of the player's identity is a requirement of the regulatory authorities, who license online gambling operators. It's aim is to prevent money-laundering, fraud and financing of terrorism.
Bonus money from a casino cannot be withdrawn or paid out, it has to be converted into real money first. The terms and wagering requirements of the bonus are available in the bonus details.
If you've managed to turn over the bonus money, and want to cash out winnings, the withdrawal will be thoroughly checked by the operator, and they take a look at how you've played with the bonus.
As per the casino's terms, they may exclude certain games, low-risk betting strategies, or playing with a higher bet than allows. Read more about bonus wagering here.
Pay N Play is by far the fastest payment method for online casino withdrawals, but only players from a few counties are allowed to use it: Sweden, Finland and Germany. With Pay N Play you can use your BankID to make the payment, which is combined with the registration. Withdrawals are usually done within 15 minutes.
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However, there are plenty of other fast payment options available, like for example Neteller, Skrill, Jeton, MuchBetter and many others., that accept users from all over the world.
The payment speed also depends on the casino's processing time and verification. Take a look at these recommended online casinos with fast withdrawal processing within a day.