FASTEST PAYING CASINOS

The fastest way to collect is without doubt via E-wallets. Skrill and Neteller are nowadays so widely used that it’s almost impossible to find a gaming site which doesn’t feature them. PayPal is not so wide-spread but also enables high-speed cashouts, as in instant. Unless you want to keep your cash with PayPal and use it to pay directly for goods and services (including to fund new casino deposits), transferring the money to your bank will take a couple of days. Bitcoin is even more rarely seen but it’s already possible to find BC-exclusive gaming sites.

KYC stands for Know Your Customer, and all online casinos have to carry out verification procedures on their depositing members. You may be requested to provide documents at the deposit and/or withdrawal stage, such as a copy of your passport, driving license and utility bills. Clearly this takes time on both sides, and while It might occasionally cause frustration, do know it’s being done primarily for your protection.

It does when the amount is above specified max withdrawal limits. If you’ve been lucky enough to win €60,000 in one go, and the casino will only pay up to €3,000 per day, it will take nearly a month to receive it all. Do note that progressive jackpots are normally not subject to standard transaction limits and usually come with their own set of payment rules.

One condition you’ll always have to meet is a minimum withdrawal amount. Depending on the gaming venue and particular situation, there will be others. If bonus money was used to play, you’ll need to wager the received bonus (and potentially deposit) amount X times before making cashout request. Often T&C will state that you have to deposit X amount of cash prior to making your first withdrawal. Casino Bloke reverently checks the fine print and will inform you about all strings attached.

Due to a built-in KYC and AML procedures, the most advanced casinos allow their players to play without casino accounts and, therefore, make instant, same-day withdrawals which are becoming a great hit among the players.

Pending period can be of great effect to the speed of withdrawal. Likewise, different payment methods have different processing times and the players are well-advised to choose the banking options wisely.

The pending period is a timeframe during which online casinos process the players’ withdrawal request. During the pending period, players are not allowed to withdraw the funds from their account. This period can range, from one casino to another, and can also be a determining factor in choosing a gaming venue for many players.

E-Wallets have long been the fastest banking methods when it comes to online casinos. However, the technological revolution has brought several mobile-operating banking options which allow much quicker and safer withdrawals and deposits.