If you want to access your online casino winnings quickly, you should prioritise using a casino with instant withdrawal facilities. There are many of them, but to help you pick the best, we’ve asked renowned online casino guru Leon Górski to lend us his experience and expertise in highlighting the fastest withdrawal methods and the speediest casinos.
Key takeaways:
- True “instant” withdrawals don’t exist. All licensed casinos need 15 minutes to 72 hours for approval processes.
- E-wallets are the fastest. Skrill, PayPal, and similar services beat bank transfers (5-7 days) and credit cards (2-3 days).
- Use only licensed casinos. Stick to Malta, UK, or Curaçao licensed sites for safety.
- Needing fast withdrawals may signal gambling problems. Desperation for quick payouts could indicate unhealthy gambling habits.
What Is an Instant Withdrawal Casino?
There is a lot of hype around instant withdrawal online casinos. But while some might claim to offer instant payouts, what they really mean is that they offer a fast casino withdrawal service, not an instant one. Why? All online casinos have processes for approving withdrawal requests, and these processes take time.
KYC and Anti-Money Laundering
Why, you might ask, is it necessary for a so-called casino with instant withdrawal status to have an approval process in place? The reasons are KYC (short for Know Your Customer) and anti-money laundering legislation.
KYC was introduced by casinos partly because of anti-money laundering legislation, in an attempt to spot fraud, and lastly, to try and prevent underage gambling.
According to Leon Górski, you should only ever frequent online casinos that hold industry-recognised gambling licences. In Europe, these licenses are mainly issued by:
- The Curaçao Gaming Authority
- The Malta Gaming Authority
- The UK Gambling Commission
There are others, too, but the three mentioned above are the most prominent and best respected.
Gambling licenses are only issued to online casinos that uphold anti-money laundering rules, insist players are of legal gambling age, specify that a player can only have one account with any given casino. They also must offer a quality customer support facility. These rules and regulations are all part of online gambling industry best practice.
The Fast Casino Withdrawal Request Approval Process
Before any properly licensed online casino, be it a supposed casino with instant withdrawal potential or not, the casino must check that all of its license laws are upheld. This takes time. The fastest process we’ve come across was 15 minutes. The norm is 24 to 48 hours, but some casinos can take up to 72 hours.
What that means is that even a so-called instant payment method, like some E-Wallets at a Skrill instant withdrawal casino, will take at least 15 minutes before the funds are available to be withdrawn.
Additionally, modern digital banking solutions like Revolut have become increasingly popular among casino players. Revolut casino offers competitive withdrawal speeds, typically processing transactions within 24-48 hours once approved. The advantage of using Revolut at online casinos is its seamless integration with multiple currencies and low conversion fees, making it particularly attractive for international players. Many players find Revolut’s instant notifications and spending controls helpful for managing their gambling budgets responsibly.
How Does Fast Casino Withdrawal Fit In with Gambling Responsibly?
If you think fast casino withdrawal is a necessity, perhaps you should rethink why you gamble. Leon Górski believes in gambling responsibly. If you’re desperate to receive your winnings because you’re out of money, you’re desperate to gamble again, or you need the money to buy food or pay a bill, you could have a gambling problem.
Gambling responsibly means never gambling more money than you can comfortably afford to lose. It involves setting a gambling budget, sticking to it, and not chasing after losses. So, ideally, a casino with instant withdrawal options shouldn’t be a necessity.
However, having said that why should a casino keep hold of money it owes you longer than necessary?
Choose an E-Wallet for Fast Casino Withdrawal Times
The slowest payment method for withdrawals is bank transfer, sometimes referred to as a wire transfer. The normal time, once the casino has approved your request, is between 5 to 7 working days. Credit cards are significantly faster, taking between 2 to 3 days as a rule. However, the fastest withdrawal method is via an E-Wallet, which will generally take no more than 24 hours. The most popular E-Wallets include:
- Apple Pay
- Google Pay
- Jeton
- Neteller
- PayPal
- Skrill
- Trustly
- Revolut
One of the best (and it offers instant withdrawals) is Skrill. You might be wondering whether you have to pay extra for instant withdrawals, and if you’re asking, how much do Skrill charge for instant withdrawal transactions? The answer is nothing, unless you need to change currencies, in which case Skrill might charge a fee of 0.99%, depending on the currency, while the casino you use might also charge a currency conversion fee, typically from 2% to 5%.
Your Casino With Instant Withdrawal Guide
If you’re intent on finding an instant withdrawal platform, you can use the Polskie Sloty casino with instant withdrawal guide. You’ll find a useful list of fast casino withdrawal platforms, some of which, like Paripesa, offer a withdrawal time of 15 minutes, while others, like AvoCasino, offer 1-hour withdrawals.
The Polskie Sloty list of instant or fast-payout casinos is a very good tool because their team of experts has checked out all of the sites they list. They look for sites that offer top player safety and security, trustworthy and fast payment methods, great games, lucrative bonuses, and quality customer care—everything needed to enjoy the best online gambling experiences.
Elaine Shippsters serves as the tech innovator behind Betting Edge Brite, leading the charge in integrating AI and advanced technology into the platform's core functionality. With a background in software engineering, Elaine has played an instrumental role in developing the technical infrastructure that powers Betting Edge Brite’s AI-driven predictions and betting algorithms. Her contributions have allowed the platform to leverage cutting-edge technology, offering users sophisticated tools to stay ahead of the game. Elaine’s work ensures that Betting Edge Brite remains at the forefront of innovation in the betting industry.