Tips on How to Avoid Delays and Withdraw Your Casino Wins within 24 Hours

While cashouting is one of the most exciting parts of the gambling process, not all casinos can boast prompt payouts. As a result, your experience might not be as perfect as you might like it to be. To ensure exhilarating gaming, get picky when it comes to casinos and their banking. After having played casino games for over 10 years already, we have come up with the most effective ways to assess how efficient and reliable banking is at different casinos, and we would like to share a couple of tips on that matter further in the article.

How Withdrawals Work at Casinos?

Before we go to the features that you should look out for when you would like to find efficient banking, let’s take a closer look at how withdrawals are processed and how much influence an operator has on them.

So, your withdrawal goes through the following stages:

You send a withdrawal request: This is the quickest part, and it depends entirely on you. As soon as you decide to cash out your winnings, you go to the cashier, indicate the desired sum, and that’s done.
A responsible department approves your request: Before processing your withdrawal, a casino checks your request to ensure that winnings are obtained fairly and no terms and conditions were violated.
Payment service processes your request: Once the casino team confirms that all is in order and your request is approved, the payment service provider processes your withdrawal. At that stage, delays (if any) are no longer dependent on the casino but on the chosen payment method.

As you can see, it is not enough to find a trustworthy operator. You should also select a payment method carefully. What are the best methods? Well, casinos that allow fast withdrawals have partnerships with payment services like Skrill, Neteller, Apple Pay, Trustly, and Visa. The minimum cashout average is $10, while the maximum cashout limit will depend on each casino and its terms. While limits are similar for all these payment methods, processing times differ significantly. Casino tests performed on over 120 sites confirm that Visa is the slowest option from the list, as the withdrawals can take up to 48 hours due to the usual bank security protocols.

Points to Consider for Finding a Casino with Fast Withdrawals

Based on our experience, five critical aspects of banking at a casino most impact the speed of withdrawals. You can take a look at them below.

The possibility to use cryptocurrencies for transactions

If an operator allows deposits and withdrawals in cryptocurrencies, there is a high chance that payment processing will not take long. This is mainly thanks to the way blockchain technology works. It is often speedy and cheap to transfer money. As crypto networks operate 24/7, you will not experience delays due to weekends or bank holidays.

The jurisdiction that certified casino services

First of all, let’s not forget that a casino without a license is not a gambling destination worth choosing. An operator with fast withdrawals should have a permit. Otherwise, you risk not receiving any cashout at all.

What licensing jurisdiction is the best? If you aim at rapid withdrawals, consider choosing an operator that is certified in Curacao, Costa Rica, and Anjouan. Those licensing authorities have less strict requirements regarding banking. As a result, a casino has more flexibility in the way it processes payments and makes necessary reviews of your betting activity before cashout approval. On the contrary, jurisdictions like Malta or the United Kingdom have imposed a lot of restrictions and requirements on banking, and the approval stage will take much longer.

KYC rules

Would you like instant withdrawals? Consider choosing an operator that advertises its no-KYC nature. Most withdrawal requests will likely be approved within minutes.

If you would still prefer to use operators that offer enhanced security through identity verification, make sure to review the KYC policy. Pay attention to whether the KYC process must be completed before the first withdrawal and how long the document review might take. When we register with an operator with a KYC requirement, we do not wait for the first withdrawal to complete it. We submit all the requested documents right after the registration. This way, we minimize the possibility of delayed cashout processing.

Minimum withdrawal requirements

Operators with a lower minimum cashout sum are often likely to process withdrawal requests faster. Therefore, it is worth checking the banking section to find out the limits and see if they are close to the industry average.

Cashout request in parts

To speed up a withdrawal, consider dividing a significant withdrawal into several smaller ones. It is not always working, but generally, operators are more cautious about big-sum cashouts. Those are likely to undergo additional reviews from a financial department. There is one drawback to such a strategy, though: Depending on the selected payment method, you may incur higher withdrawal fees when making small cashouts.

Conclusion

Slow withdrawals can definitely be a hassle, but there are simple ways to prevent them. If you keep the tips in this article in mind when picking an online casino to sign up with, you’ll likely avoid those annoying payment delays. Look for casinos with a solid reputation, transparent withdrawal rules, and excellent customer support. This will help you enjoy your gaming experience without unnecessary wait times.