The speed at which online casinos process withdrawals is one of the most important things players look for today. The average withdrawal time is often what sways some players more towards certain casino sites.
You can find a growing number of what are commonly referred to as ‘Instant Withdrawal Casinos,’ but the word ‘instant’ still doesn’t necessarily mean you will get your withdrawal at lightning speed. Instant can mean anywhere from a minute or so up to usually no longer than an hour.
Here are some of the most popular online casino withdrawal options known for processing superfast withdrawals. We will also reveal some of today’s best ‘instant withdrawal casinos’ that are well-known for having above-average withdrawal times.
How long does it take for an online casino to process a withdrawal?
At most online casinos today, you can expect to wait anywhere from two or three hours to receive your winnings from the moment you hit the withdrawal button up to anywhere from 24 to 48 hours.
The length of time it takes for online casino withdrawals to be processed can vary greatly because of numerous factors and variables, and it usually doesn’t matter whether you are attempting to withdraw from your smartphone, tablet, laptop, or desktop computer. The type of device doesn’t affect how long withdrawals take.
For example, the amount of money you are attempting to withdraw can impact how long the withdrawal takes. Smaller amounts of $/€/£10 or $/€/£20 up to around $/€/£100 are usually processed far quicker than much larger amounts of, say, $/€/£10,000 to $/€/£100,000 or more.
If you win a progressive jackpot of $/€/£1,000,000.00 to $/€/£5,000,000.00 million or more, it could take even longer for the withdrawal to be processed. Several checks need to be carried out, and many online casinos would not process a multi-million jackpot win in one lump sum.
They are likely to spread out the withdrawal in increments over several instalments. They may even want to contact you before they start the withdrawal process to discuss your options and find which withdrawal method would incur the lowest fees.
Also, some payment processing companies are quicker than others, and some online casino payment processing departments may be busier than others.
Which online casinos are known for having the quickest withdrawal times?
If you want to enjoy fast withdrawal casinos that are known for processing withdrawals in above-average times, some of the most trusted sites you can turn to in 2023 are the following ‘Instant Withdrawal Casinos’:
- Videoslots Casino
- The Rialto Casino
- Lottomart Games Casino
- Xtreme Win UK Casino
- Pixiebet Casino
- PowerUp Casino
- Kryptocasino
- BigWins Casino
- Stake Casino
- K8.io Casino
Other popular instant withdrawal casinos out there today worth considering are King Billy Casino, Winz.io Casino, Bitstarz Casino, Sportsbet.io, bet365 Casino, Rizk Casino, 32Red Casino, Pub Casino, and PlayFrank Casino.
Depending on which part of the world you live in will often determine which online casinos you are legally permitted to sign up to. You can learn more about each of these trusted fast-paying casinos on the official Ask Gamblers website.
Which online payment solutions are known for processing fast withdrawals?
Almost every online casino withdrawal method today is relatively fast. In most cases, you only have to wait a maximum of 48 hours to get your hands on your winnings, and that’s the worst-case scenario. A lot of the time, you will receive your winnings on the same day you start the withdrawal.
However, there are some withdrawal methods that are slightly quicker than others. Cryptocurrencies, for example, such as Bitcoin, Litecoin, Ethereum, Ripple, Avalanche, DogeCoin, Tether, Cardano, Cronos, Thorchain, and BitCoin Cash (plus pretty much every other crypto), are known for being fast.
e-Wallets (which some refer to as digital wallets, electronic wallets, or web wallets), major credit & debit cards, and direct bank transfers are also known for being super quick (anywhere from one to three hours).
Conclusion
When depositing cash at online casinos, it usually arrives in your account in an instant. The thing to remember about withdrawals is that they are very rarely instant, even when playing at instant withdrawal casinos using instant withdrawal methods.
In other words, be prepared to wait. Most of the time, when you attempt to cash out from today’s most trusted online casinos, you may find that your withdrawal will only take a couple of hours at most to be processed.
If it’s taking much longer than expected, the best thing to do would be to contact the casino’s player support (by telephone, email, or live chat) and give them a nudge.
The only major obstacle that will prevent you from receiving your winnings is if you haven’t completed the KYC (Know Your Customer) account verification process.
You must complete this to prove that you are at least the minimum legal age to play at the casino. If you don’t complete the KYC process, a temporary block on withdrawals (and possibly deposits) may be placed on your account.