It's not a big surprise.
Casinos earn money when you give them money -- not when they give you money.
It wouldn't hurt if you were not shocked that getting paid back your winnings in an online casino is not as easy or as fast as using an ATM. In fact, it is just the opposite. Sometimes, it is never.
Take care of yourself and look for the best online casinos to gamble in. By doing a little bit of research, you will be able to locate the online casinos that are going to provide you with the fastest payouts.
You probably know what I am talking about. We've all seen many different types of suspicious 'article' Lists like the ones below:
"Top Ten Online Casinos with the fastest payouts"
"online casinos with the fastest cashouts"
The majority of the above-listed 'articles' are advertisements masquerading as articles. Those who created the article get paid a small amount each time you click on any of the casinos in that article. Although the information contained in those article Lists may occasionally be accurate or outdated. More often, the information is either missing or needs to be further researched. Regardless of the list, there is no guarantee that it contains reliable information. Research is required.
Every casino will state in its terms of service how long it will take for the casino to review and process your withdrawal request. Again, this only states how long it will take for the casino to review and process your withdrawal request and not how long it will take to actually receive your winnings. Many of the "best payout time" article Lists are based upon the casino's stated payout time.
While this is a good place to begin, betting on it could prove unwise. Many online casinos vary their processing time anywhere from 24 hours to 2-3 weeks. Several online casinos do claim to offer "instant withdrawal." Instantly doesn't necessarily mean right away. Nonetheless, you can reasonably expect to receive your winnings within 24 hours if you select a rapid payment option such as Bitcoin or an electronic wallet.
Online casinos do not always follow through on their promises. There are many instances where an online casino claims to offer instant withdrawal and yet it can take several days or even weeks before they will initiate the withdrawal process. Some casinos advertise a 7-day payout time but generally it will only take 24 hours for them to process your withdrawal.
The simplest way to determine whether or not a casino follows through on its promise of fast payout times is to perform additional research. Look for reviews posted by players/individuals regarding their experience at the casino of interest. Players frequently post complaints about poor withdrawal times if the casino is deceptive or unresponsive.
Each online site will publish a set of conditions that enable them to withhold your winnings or deny you access to withdraw your winnings. Carefully examine these terms prior to signing up at an online site. Predatory sites frequently contain too many terms that basically leave the casino free to deny you payment entirely. Obviously, payout time matters very little if the casino declines to honor any wins.
Of course, the primary concern here is understanding the conditions under which you can withdraw your winnings from an online site when accepting bonuses from that same casino. Wagering requirements are perhaps the most significant issue with respect to withdrawing winnings from an online site.
A wagering requirement attached to virtually every bonus accepted is a multiple of the bonus itself. For example, suppose you received a $100 bonus with a wagering requirement of 30x. Before you can withdraw your winnings, you will need to make $3,000 in wagers.
Each and every online casino will limit how much money you can withdraw within a given timeframe. Typically, online casinos limit how much money you can withdraw daily, weekly or monthly. This limitation is typically ignored in virtually all "fastest payout" Lists of casinos.
Suppose you play at an online casino that advertises "instant withdrawal." Even so, if the maximum monthly withdrawal limit is $1000, withdrawing $3000 will take longer than three months. Therefore, at that point the "instant" aspect is definitely not instant.
Regardless of how rapidly a casino processes withdrawals, choosing a method for transferring funds from your account to your bank account is arguably the most important step involved in receiving your winnings quickly.
Find casinos with fast payouts by first examining their terms of service for their payout times; however, do not rely exclusively upon their payout times. Further investigate by researching online forums and Blacklists for opinions and experiences of other players as well as comments about payout speed and reliability.
Be aware of Lists called "Top Ten Online Casinos with the fastest payouts," etc... Because many of these Lists are simply advertisements dressed up as articles. They may be intended to generate income for authors every time someone clicks on a link to an online casino and therefore may lack adequate data or have inaccurate information. Be certain to conduct your own research in order to confirm the accuracy of any statements made.
When reviewing the terms required for receiving your winnings from an online casino, it is essential because some online casinos establish restrictions that create barriers between winning and receiving those winnings (for example; high wagering requirements or excessive minimum/maximum amounts). Knowing these restrictions allows you to exclude online casinos that employ predatory tactics.
Online casinos regularly impose limits on how much money you can withdraw during a specific time frame (E.g., daily, weekly or monthly limits) since even if an online casino offers rapid withdrawals, limiting withdrawals can greatly extend the amount of time until you can withdraw large winnings.
Generally, Bitcoin is the fastest option with transactions being completed in seconds and larger withdrawal limits offered by most online casinos compared to withdrawals using traditional forms of legal tender. Electronic wallets (PayPal) are another quick option, although availability may be limited depending on region (i.E., u.s.). Credit Cards, and wire transfers are other alternatives, although both options are generally slower than Bitcoin and electronic wallets
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