Feature Article

April 23, 2020

The Three Fastest Payout Methods at Online Casinos



One of the few disadvantages of online casinos compared to land-based establishments is the fact that you have to wait for your winnings. When you’re in Vegas, Macau or a similar gambling destination, simply bring your chips to the cashier and the money will be in your pocket in a minute.

Even the best online casinos can’t provide that. If the payout speed is your top priority when playing on the internet, here are the three fastest payment options available.

E-Wallets

Let’s begin with e-wallets such as PayPal, Skrill, and Neteller, to name the most popular. If you use one of them, you can get your money within 24 hours or so. That’s one of the fastest options available when it comes to online gambling.

There are a couple of other disadvantages, though. For a start, some online casinos won’t give you a bonus if you use them to deposit money because of fraud concerns, so you could lose value by picking e-wallets.

The other issue is that they are not available for all territories. Certain countries, like the USA for example, have more restrictive online gambling laws and after some legal troubles in the past, the likes of PayPal, Skrill, and Neteller don’t work with US customers when it comes to online gambling.

And still, if you have access to e-wallets, there are plenty of online casinos that will provide a bonus. That makes the most suitable option for players who want fast payouts.

Bitcoin and Other Cryptocurrencies

One of the best alternatives to e-wallets available are cryptocurrencies such as Bitcoin and Ethereum. More and more online casinos are implementing digital coins and they have plenty of advantages.

You can get your money within 12-24 hours, the fees are low and often covered by the gambling sites, and many casinos will even give you extra promotions because cryptocurrencies suit them too. There are no restrictions by country in most places, so US players can use Bitcoin too.

On the negative side, the volatile nature of the cryptocurrencies might be a problem. You also have to find a reliable wallet and the most secure options out there often are not that user-friendly.

Still, Bitcoin is one of the fastest payment options when it comes to online casinos and is certainly worth it. The same applies to other popular coins like Ethereum, Bitcoin Cash, and Ripple.

PaySafe

Up to several years ago, PaySafe was only available for the deposits through prepaid cards. The payment process changed its whole system and you can use it for withdrawals from online casinos nowadays too. Not only that, but it’s also among the fastest methods and your money arrives almost instantly.

Unfortunately, PaySafe comes with the same problems that e-wallets have. It’s not available for all players from all countries and many casinos limit your access to bonuses and promotions if you use it.

Conclusion

Using the options listed here to withdraw your money from online casinos is the only way to complete the transaction in less than a day. Everything else takes a couple of working days or even more.

On the bright side, the best gambling sites are always trying to reduce the payout times and the future should bring even more fast and secure solutions to the table.





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