How Long Does it Take to Receive My Winnings at an Online Casino?
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The time it takes to actually get your hands on your winnings from the moment you start the withdrawal process at an online casino can vary a great deal from one online casino to the next.
Several different factors can affect how long it takes for your withdrawal process. The question being asked here is, how long does it usually take to receive my winnings at online casinos?
What’s the Average Withdrawal Time at Online Casinos?
The exact time it takes for your withdrawal process is very rarely the same, and there are many different reasons for this. The main things to keep in mind when attempting to withdraw funds from your favourite online casino account are the following:
- What type of withdrawal method are you using to withdraw?
- How much money are you trying to withdraw?
- What time of the day did you start the withdrawal process?
- What day of the week did you start the withdrawal process?
- Have you completed the KYC (Know Your Customer) account verification process?
Back in the day, when online casinos first started popping up, it could take up to a week or more for withdrawals to be processed, and there were very few online payment solutions to choose from (mainly credit and debit cards only).
The technology wasn’t as good as today, and the internet speeds were also much slower. Today, there are hundreds of secure, reliable and convenient payment methods to choose from, and internet speeds are much faster.
At many of today’s best online casinos, quick withdrawals can take anywhere from just a few minutes up to around two hours to be processed. Slower withdrawals can take anywhere from two to three hours up to usually no more than 48 hours to be processed.
Are there any Online Casinos that Process Instant Withdrawals?
Yes. In fact, there are now a growing number of ‘Instant Withdrawal’ casinos that are known for processing withdrawals at lightning speed. Examples of today’s top instant withdrawal casinos that are known for rapid withdrawal times are the following:
- Videoslots Casino
- BitStarz Casino
- Zet Casino
- 7Bit Casino
- King Billy CasinoWinz.io Casino
- BetChain Casino
- Bitcoin Casino
- Golden Star Casino
- Slotum Casino
You can find a full review for each of these casinos on the official Ask Gamblers website. Inside each review, clicking on the secure link to the casino will take you to each casino’s official sign-up page.
More about Online Casino Withdrawal Times
At some online casinos, the time of the day and the day of the week can affect how long it takes for your withdrawal to be processed. For example, if you win big on a Friday evening after 6 pm and withdraw straight away, you may have to wait until Monday morning to receive your winnings.
Alternatively, you may win big at the same casino on a Monday afternoon, withdraw immediately, and then find that the withdrawal has been processed in less than three hours. Also, some withdrawal methods are much quicker at processing transactions than others.
What are the Best Online Casino Withdrawal Methods in 2023?
At most online casinos today, the general rule is that withdrawal of any winnings must be made using the same method used to deposit. The aim of this is to prevent fraudulent activity.
Therefore, if you deposit with PayPal, you would need to withdraw with PayPal. If you deposited with your Visa debit card, you would need to use that same card to withdraw, and so on.
Some of the safest, most secure, reliable, and most convenient online casino withdrawal methods in 2023 tend to include the following tried and tested online payment solutions:
Credit and debit cards, e-Wallets (aka digital wallets), direct/instant bank transfers, and even cryptocurrencies. Examples of today’s best withdrawal options include Visa, Visa Electron, MasterCard, Maestro, Solo Swift, American Express, PayPal, Skrill, NETELLER, Trustly, Bitcoin, and Ethereum.
Final note
The best thing to do would be to head to the cashier before signing up to a fully licensed online casino to see if your preferred deposit/withdrawal method is accepted.
Some people prefer using their debit cards to top up their online casino accounts, and others prefer NOT to use their bank cards online, especially at online casinos.
However, debit cards and the other methods mentioned above are perfectly secure. Just make sure that the casino is controlled by a reputable operator with a sound reputation. Also, make sure that the casino has the necessary SSL encryption certificates and that the website domain starts with HTTPS.
Digital wallets are the preferred alternative payment method for millions of online casino players worldwide because they are known for being secure, easy to use, and quick at processing transactions (both deposits and withdrawals).
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