Fastest Payout Online Casinos of 2020

For most online casino players, one of the most important criteria is payment speed. Nobody wants to wait around for their winnings to reach their bank account. This being the case, more and more casino sites are starting to offer same day payments, or even instant cash outs at the Best Online Payout Casinos.

While many online casinos claim to offer instant payouts, not all of them are worth your time since other areas of their site might be lacking.

Our team of experts at Casinosites.us knows how important this is to you, so we’ve taken the time to carefully and patiently scour the internet to bring to you the Top Instant Withdrawal Casinos that you should be wagering your hard-earned cash on if you want to start spending your winnings as soon as possible.

Sounds enticing right? Well let’s get to it!

#1

Wild Casino

Best For Payout Speed
Welcome Bonus: 100% up to $5,000
4.9/5
  • Generous Welcome Bonus
  • Over 150 Games by Betsoft and Nucleus
  • Accepts a Variety of Cryptocurrencies
#2

Slots.Lv

Welcome Bonus: 200% up to $5,000
4.5/5
  • Large Welcome Bonus
  • Impressive slots libary
  • Tournaments available to enter
#3

BoVegas Casino

Welcome Bonus: 250% up to $5,500
4/5
  • Accepts Bitcoin
  • Mobile Friendly
  • Great Selection of Games
#4

Intertops Casino

Welcome Bonus: 100% up to $5,555
3.9/5
  • Up to $5,555 in Welcome bonuses
  • Over 300+ Games
  • Popular Payment Options
#5

Ignition Casino

Welcome Bonus: 100% up to $1,000
3.4/5
  • Bitcoin is an allowed payment option
  • Varity of Promotions, including Bitcoin
  • 300+ Casino Games

What Is the Fastest Withdrawal Method?

While all online casino deposits are made instantly, withdrawals aren’t quite the same. There is always some sort of processing period that you have to wait through before you’ll see your winnings in your account. This is because even the best payout casino websites must carry out fraud checks to keep players safe, on top of the processing times imposed by the banks.

Generally, the standard processing times for online casino withdrawals are:

  • Credit cards: 3 to 5 days
  • Debit cards: 3 to 5 days
  • E-Wallets: up to 24 hours
  • Bank transfers: up to 7 days

As you can see, e-wallets are the quickest online casino withdrawal method at the best payout casino sites. You can usually expect to see your money in your account within 24 hours, but withdrawals are often processed much quicker.

Fast Online Casino Withdrawals
Using some e-wallets, it takes only a few hours to transfer your casino winnings to your bank account.

Once the money is in your e-wallet account, you can withdraw it to your bank account. Depending on which e-wallet you use, it can take as little as two hours to transfer the funds.

The Fastest Paying E-wallets

Now that you know e-wallets are the quickest method of withdrawing your online casino winnings, let’s take a look at the best online payment systems. There are dozens of e-wallets out there, so it’s a good idea to find out as much as possible about them before you choose:

PayPal

PayPal is, by far, the most popular banking method among online retailers. It is the most trusted e-wallet, and transfers are processed almost instantly – sometime in less than two hours. The only drawback is that you won’t find it at a wide range of casinos across the web and it is usually only offered at the best payout casino sites.

Neteller

Neteller is one of the largest online payment providers in the world. It is widely accepted at online casinos across the web and it can take just three hours to send money to your bank account, but processing fees apply depending on your bank.

Skrill

Skrill is almost exactly like Neteller and operates in the same way as any e-wallet. It is a secure method that is accepted a most online casinos, and players can expect to have their withdrawals processed within a few hours. Unfortunately, withdrawal fees apply.

Bitcoin – An Almost Instantaneous Option

Unlike e-wallets, bitcoin is not widely accepted at online casinos just yet – but it is also considered a very quick method. You can withdraw your winnings to your bitcoin account instantly; however, getting the money into your bank account is a different story.

Even though bitcoin withdrawals are processed faster that e-wallet withdrawals, we don’t consider them the fastest banking method at casinos. This is because you have to first find a buyer for your bitcoins. It can be a quick process when you use an exchange like Coinbase, but it still all depends on how long it takes for someone to purchase your bitcoins.

Bitcoin at Online Casinos.
Bitcoin offers instant withdrawals at online casinos.

Once they have been purchased, the time it takes for the money to be in your account varies based on where you live. In some cases, it can take only a couple of hours but in others you may be waiting for up to 3 days.

That being said, bitcoin is still a popular banking method at the best payout casino websites. If you can quickly sell your coins, it is definitely worth a giving bitcoin a go. It’s also lauded for its security, as you don’t have to share any personal details when depositing or withdrawing this digital currency.

Note, the main drawback of this payment method stated above is with the assumption that you want to use your bitcoin as fiat currency at the end of the day. If, however, you intend to use your bitcoins as is, then there really aren’t any drawbacks for this method at all.

Making Instant Withdrawals at Online Casinos

When you want to withdraw your money from an online casino, the process is quite simple. Visit the cashier and select your chosen withdrawal method (it usually has the be the same method that you made your deposit with). Enter the amount of money you wish to withdraw and click the submit button. From that point, the standard withdrawal processing times apply.

Remember – whenever you make your first withdrawal at an online casino, you have to submit identify documents so the casino can confirm your location and age. You can scan your drivers’ license, passport, a utility bill or a bank statement. It normally takes a few hours for the casino to look over these documents, and you only have to do this once before making your first deposit.

Minimum and Maximum Cash Outs at Online Casinos

Even at the best payout casino sites, limits are imposed on the minimum and maximum amount of money that you can withdraw and deposit.

The deposit limits at casinos varies, usually from $5 to $20. If you have a small bankroll, then you’ll want to look for a casino that has a lower minimum limit. When it comes to maximum deposits, this ranges from $2000 to $5000.

Withdrawal limits also vary from site to site, but you can usually expect them to be a little bit higher than deposit limits. For example, if the minimum deposit is $10, then the minimum withdrawal would likely be $20. When it comes to maximum withdrawals, time and amount limits apply. For example, it is common for online casinos to limit withdrawals to $5000 per week.

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