Famous quotes keep popping up on this page, and we can’t help it when cash is involved.
The iconic Tom Cruise “SHOW ME THE MONEY!” shout from Jerry Maguire is the first thing that crosses our mind so let us show you how to get it quickly without having to scream at your operators.
Famous quotes aside, we have a long guide for instant withdrawal casino players ahead. We’ll try to keep it brief and simple.
To earn the honourable title ‘Instant Withdrawal Casino’, gambling operators must abide by a set of rigorous rules. They don’t have to jump through infinite hoops, but they do have to respect the laws introduced by gambling authorities from which they’ve received their work permit.
Moreover, there are certain traits each casino must possess to be even considered a fast paying casino. Those traits, or prerequisites for instant withdrawal casinos are:
- Good financial standing
- Trustworthy gambling licence(s)
- Efficient Customer Support
- Short but thorough authentication procedures
These four affect the casino’s ability to process payments fast even before we reach to a fast-payout payment method. So, if you thought that that the only thing keeping you from an instant withdrawal online casino is the fast payment method, you are wrong.
Good Financial Standing
Good financial standing, or financial stability, is paramount. For gambling operators – and for us as players – it’s the number one priority on the list. Financial stability means the casino has enough money at its disposal to use anytime. How else would they be able to pay out a large sum instantly if they did not have that sort of cash at hand?
Gambling Licence
The second priority is a trustworthy gambling licence, as it’s a guarantee that the casino can work in a certain market. Take the UKGC, for example. Without a UKGC licence, no gambling website can join the market and offer casino services to Brits. I mean, they can but they would be quickly expelled from the country as such things don’t fly with the UK Gambling Commission. If the website plans on being an international brand, it needs to acquire at least another licence (or multiple licences).
Customer Support
The third thing we like to mention but players frequently forget – and wouldn’t consider a priority for casinos with instant withdrawal – is the Customer Support. Efficient customer support, of course. Teams responsible for helping the players need to be on hand and present whenever punters need them. They are the key ingredient necessary for generating instant withdrawals. Without a team that’s there (and able to help), how else do you expect to get your money so fast?
Authentication Procedures
Finally, we also have to take into consideration the question of authentication procedures. Gambling websites always verify withdrawal requests, that much is certain. This step is crucial as it both establishes and verifies the winning sum of the player, his identity, and intention to cash out the money. However, players often attempt scams, which is why such procedures are required. But here’s the catch: they last for too long. They slow down the payout process, so it’s vital they are short yet efficient, thorough yet concise.
Key Factors Determining the Payout Speed
In case you wondered why some online casinos take longer to process the financial requests than others, let me cut straight to the chase. Despite the popular opinion that operators willingly hold on to withdrawals, such practice is not something gaming authorities would find acceptable. Casinos hate to see money pouring out, but they do not have the right to withhold your cash consciously. You can rest assured that no fast payout online casino on Chick’s list would do such a thing. We already named four important things that make one site an online casino with instant withdrawals. Now, let’s talk what directly affects the payment (provided the website already ticked the four boxes above).
Now that we got it out of our way let’s discuss the factors determining the payout speed. In a nutshell, it all comes down to three main things:
- Location
- Banking methods
- The amount
You may not have sway or influence over the four listed factors above, but you can definitely control these three. You are partly responsible for the location, chosen payment method, and the size of the withdrawal too, so let’s see why these matter and what you can do to boost it even further.
Location
When accessing an online casino, geography is the last thing you’ll worry about. Right? Of course, it is. You are more likely to ask yourself “What casino has the fastest payout?” or “What casinos pay out immediately?”. But, please, remember gambling laws – and with them the financial regulations – as they differ widely from one country to another. Players residing in grey jurisdictions without clearly determined gambling regulative will – by definition – have to wait longer to get their money.
The reason is simple.
Countries from outside the European Union, for example, will not be part of the unified monetary system and will have to go through several different layers before the cash actually gets approved and funnelled into your bank account.
Banking Methods
Hand in hand with the previous bullet, banking methods are also geography-dependent and will vary from one country to another. However, this is where technology finds its way to overcome any physical hurdles, thanks to the unstoppable progress being made daily in this particular segment. Methods such as credit and debit cards – God bless them for their undying reliability and popularity – are becoming things of the past. With that in mind, Wire Transfer and Paper Cheque can be described as archaeological relics when it comes to speed (the lack of it, that is).
If you want to get your money asap, then Electronic Wallets is what you should be after. Banking facilities such as Neteller, Skrill, PayPal and others are as reliable as they are fast and expeditious. If you are one of those tech-savvy ladies, Bitcoin is definitely one to throw on the list. In contrast, the banking methods with the highest potential in terms of what the future of instant withdrawal casino payouts will bring are mobile-oriented payment methods.
The likes of Apple Pay, Zimpler, Siru, MuchBetter, Trustly – and their innovative Pay N Play functionality – are slowly making their way towards the top. They mark the top fastest payout casino methods for money transfers in the world. You can read everything there is to know about all of these on Casino Chick’s payment methods page.
The Amount
We should have named this section ‘The Amount or Size of the Withdrawal You Plan to Cash Out from the Instant Withdrawal Casino’ but thought we’d keep it short and simple. The amount that you are trying to cash out can affect the pace of the transfer as well. How so? Well, if you have a massive bundle of cash that you’ve just won that you wish to cash out, the casino might have to double-check and apply special measures to transfer it. Don’t worry, it’s not dangerous – it’s just protocol by which the casino must honour the limitations and withdrawal limits set in place in the market. In the UK, for instance, casino have a certain limit for cash outs, and if your amount is exceeding that, the money might have to go through a longer procedure to cash out.
Instant withdrawal casinos won’t withhold your money, but if you want a bigger chunk, you might have to wait a bit longer. That’s why it’s also important to play at a financially stable online casino. That’s the only way to get easy and instant withdrawal online casino payouts.
Which Casino Payment Option is the Fastest?
We have talked about casinos with the fastest payouts and bonuses which one can get there. But when it comes to the actual registration and money transaction, which option can you pick?
This question has surely crossed your mind at least once so far, so let’s try and provide an answer. Chick compiled a collection of the fastest payout methods available in online casinos. Have a look:
The question of speed and type of service is important, but what matters as well are the fees and limits attached to the method.
Skrill is the fastest payment method without a clearly audited withdrawal limit. But your withdrawals come with a price – you have to pay a certain fee (set by the operator) with every transfer. Other options like Mastercard and Visa cards do not include fees, but they have long waiting times.
In most cases, you’ll have to wait three to five business days to collect your cash.