Maybe you’re chasing losses …and …you want to stop. Like, right now.
Whatever your reason, you want to cash out ASAP. Not weeks or months, more like hours or days. But there’s a catch.
You need to have an account at the fastest paying casinos online.
Oh, you don’t have one? Then take your pick from our recommendations list below.
Just keep in mind, though, that choosing a fast paying casino is only one half the battle. It won’t do you much good if you don’t know what can slow payments down, or what the fastest banking methods are.
There are a few things – 5 constants – you should be aware of, no matter the casino you’re thinking about joining. Because you can (and probably will) run into these things at any casino online.
Most casinos have weekly and/or monthly cash out limits
Even if you find a casino that can cash you out in a matter of hours or a few days, you might not be able to get ALL your money off in one shot – especially if you’ve won a large jackpot.
The reason why is most casinos have a limit to how much you can cash out. Sometimes it’s per withdrawal. Other times it’s a weekly or monthly amount. Or, all the above.
So, while you may get some of your money fast, getting the overall amount to you will be slow. It might take weeks, even months, before you drain your account.
The only workaround is to ask casino support to raise your limits. But even then that may not help you.
Beware of casino terms
You should read the casino’s terms long before you plan to cash out. Because they’ll review your account when you do ask to cash out, and if there’s any problems, your request will be declined – at the very least it’ll be delayed.
There are many ways you can break terms. For example:
You can be in the middle of a deposit bonus.
You’re playing or have played the wrong games for your bonus.
You cheated (allegedly).
They suspect you of having multiple accounts.
You’re not old enough to play on the site, but did anyway.
And on and on.
The point is this: the better you follow the rules, the more likely your request will be completed and within a reasonable time frame.
There are many points of failure
Another thing to realize are all the points of failure there are in the payment process. For example:
There’s the casino.
There’s the casino’s payment processors.
There’s your payment method (where you have an account or who you use to send/receive payments).
Any one of these points can lead to some form of delay or failure. And you’ll notice that you’re one of them – and the casino is only one of them. And combined you only make up 50% of the points of failure.
The casino you choose to join plays a small part in how fast you get your money.
A fast payment here might be a slow payment there
The best example is bitcoin. It’s easily the fastest banking you can use. But only if you join the right site.
If you join a bitcoin-only casino (a casino that accepts nothing but bitcoin), chances are they have everything dialed in, from payment requests to payment processing. So, you’ll get your money within a few hours, maybe one day at the most.
However, if you join a hybrid bitcoin casino, such as Bovada, you might have to wait as long as 3-5 days between payment processing and the time it takes for them to send you your payment.
A lot of the delay simply comes down to the casino, their process for handling payments, and how equipped they are to handle specific payment options.
That’s something you need to remember when choosing a casino. Which payment method do you prefer to use?
There’s a cost and/or risk with every banking option
What I mean is there’s no perfect banking method. Each one has pros and cons. I cover these in more detail below in our FAQ section.
Just keep in mind that you’ll either pay to use or have a risk with every option available. It might be fees. It might be account (termination) risks. It might be legal. It just depends.
Anyway, those are 5 things you’ll (probably) deal with no matter what casino you decide to join.
Well, Here’s One More Thing to Think About When Choosing a Casino
There’s one more important thing you want to remember when choosing a game. And that’s this:
You’re not going to find the perfect casino.
You know, the one that gets payments to you in a few hours AND has all the games you want to play AND the software you like AND all the promos you’re after.
In other words, there’s going to be some give and take. Sacrifices you’re going to have to make if you want the fastest payments possible.
This doesn’t mean you have to join a crappy casino or, that you will join a crappy casino. Just that finding one that’s exactly what you want in all areas is the equivalent to finding a unicorn.
Want my suggestion? Don’t join a casino solely for their fast payments. Because chances are you won’t be happy.
I think a far better choice is to find a casino with great games and software. Then worry about payments. Then promotions. You’ll have a much better experience that way.
Fast Banking FAQ
Here’s a list of answers to commonly asked questions we receive about fast paying casinos, and how to get your money offline ASAP.
What are the fastest banking methods?
It varies. But assuming all things are equal, these are the fastest options:
Bitcoin – It depends on the casino, but payments range from 1 hour (for bitcoin exclusive casinos) to a few days (hybrid casinos, like Bovada).
E-Wallets – These vary from (near) instant to a few hours. Sometimes they might take a couple days.
Money Transfers – These take 1-3 days.
What makes the biggest difference with most ‘fast’ options is how fast the casino gets to processing them. If they take a couple days, then it doesn’t matter if the payment itself can be sent instantly. And processing times not only vary from casino to casino, but from banking option to banking option, too.
What are the slowest banking methods?
All things being equal, these are the slowest banking methods you can use:
Bank Wires – These take 1-10 days. The upside, from my experience, is that they do get faster the more you use them.
Credit/Debit Cards – These take 2-5 days.
Paper Checks – These can take up to 2 weeks, between processing and the time it takes to be mailed to you. But these can be faster if the casino uses a faster delivery option.
Again, it just depends on the casino. For example, one casino can send you a check and have it to you within 24-48 hours. But at other casinos it may take as long as 2-4 weeks (or longer!) for the check to reach you in the mail.
Will I have to pay any fees?
Depends. There’s no way to give you a definite answer.
What I can tell you is there are 2 points where you might get hit with fees.
Casino – Many casinos charge fees on withdrawals. Usually these are to cover their own costs to process (and ship) payments. This can vary from a 1-2 percent to $40+ for a check.
Account Provider – This can be your bank, credit union, e-wallet, prepaid card company, and so on. They might charge you a fee for incoming payments. The fees will be similar to what the casino may charge – 1-2 percent to $40+. This also includes money transfer options like Western Union.
But sometimes you won’t have to pay any fees at all. In others you’ll receive your first payment free each month, then have to pay a fee for all other cash outs. Then there are some casinos where you might be able to pay for a faster payment.
You see what I mean? It just depends on the casino and the banking method you use.
How long is too long to wait for a payment?
My first answer is this: Anything longer than what the casino states on their website. If they have a 2-3-day processing window and that’s followed by a 2-5-day delay (from them to you), I’d say 8 days would be the max.
If it takes a bit longer that doesn’t mean there’s a problem per se, only that they’re slow for some reason. Maybe they overestimated how fast they could get payments out, or maybe there’s a problem outside their control, like with a 3rd party payment processor. It could be anything.
At this point (beyond their quoted time frame) I’d just follow up with them. Ask them what’s going on and what day you can expect to see your money by. Then see how things go from there.
On the extreme end, I’d say 1-2 months for Americans. And probably much less for players outside America, say 3-4 weeks. Anything longer than that and I’d start to get more aggressive about asking where my money is.
I’d also start to worry about whether I’m getting my payment at all.
Does it matter which method I used to make a deposit?
For example, if you make a deposit with a credit card but want bitcoin for your cash out, that’s probably possible. However, many rooms will limit how much bitcoin you can get since that wasn’t how you originally made your deposit.
The delay you might experience is the difference in the 2+ methods used to get you your money. For example, you might get your bitcoin fast (or credit card payment), but then the other payment might take longer.
But that’s going to be on a case-by-case basis.
What’s the fastest banking option for Americans?
Bitcoin. It’s also the option least likely to have issues, as there’s no laws for bitcoin or using bitcoin to gamble.
Not yet, anyway.
If you’re not into bitcoin, then I’d say prepaid debit cards or money transfers.
How can I speed up my withdrawal?
Here are a few suggestions:
Choose the fastest banking methods.
Pay to have your payment expedited. If it’s not an option publicly, you can always ask.
Join a casino with a VIP program that has expedited cash outs as one of its perks.
Send in all required info (ID, bank statements, utility bills, etc.) before you request a cash out. That way you can iron out any issues that come up before you need your money.
Make sure you plug in all the right details – your name, account or card numbers, expiration dates, routing numbers, and so on.
Join a well-known casino, one with a good reputation.
Those are a few ideas. But, really, there’s only so much you can do other than to choose a fast banking method and having patience.
How long will ______ take?
It depends. Here’s a rough idea for each banking option:
Bitcoin – Instant (once sent)
Prepaid Debit Card – Instant (once sent)
E-Wallets (PayPal, Neteller, Skrill) – Instant to 3-4 days
Money Transfers – 1-3 days
Bank Wires – 1-10 days
Credit/Debit – 2-5 days
Paper Check – 2 weeks
You have to remember that each casino has a processing period, too. This can vary from 1-7 days. This is simply the time it takes for them to get to, review and complete your cash out request.
What are the cons of each banking method?
These are the worst ones I could think of.
Bitcoin – Bitcoin is limited in supply. Its value fluctuates on a day-to-day basis.
Prepaid Debit Cards – These have limits, in terms of how much the card can hold and how much you can cash out at once and per day using an ATM.
E-Wallets – Only available to bettors outside the USA.
Money Transfers – Players have mentioned that employees at MoneyGram and Western Union will start asking questions about where your money’s coming from, especially the more often you receive payments.
Bank Wires – Your bank might find out where your payments are coming from and close your account. At the very least they’ll decline the payment and you’ll have to start that process all over again.
Paper Check – Same as money transfers. You might be asked where you’re getting these weird, foreign checks from.
Your mileage will vary, of course.
What are processing times? And why do they vary from casino to casino?
Processing times are the time frames casinos need to get to, review and complete your cash out requests. This gives them a buffer in case they have lots of requests to get through, or in case there’s a potential problem (like a customer breaking terms/conditions).
It varies from casino to casino, I’d say, mostly due to volume – how many customers they have and how many requests they fulfill on average per day.
The casino is asking for my ID and bank and utility statements. Why?
They want to make sure that you are you – that you’re not trying to cash out money on behalf of somebody else, or are trying to impersonate someone. I think they also want to make sure you’re old enough to be playing at their site (per their terms).