How can I get faster withdrawals at casinos?

Are you tired of waiting for your casino winnings to arrive in your bank or e-wallet account after a cashout? Having to check the status with customer support after 48 hours of nothing happening? We hear you!

Withdrawal times can vary widely and to the impatient player, they can often seem to be too long. But fear not. There are ways to get quicker withdrawals, which include choosing the right casino, withdrawing using the right method, making sure your account is verified, adhering to bonus terms and being loyal.

Before taking a closer look at all of this, it’s good to understand how the payment process works at casinos.

This is what happens when you make a withdrawal

According to Mattias Fröbrant’s take on fast casino withdrawals – an industry expert with inside information, these are the steps that take place when you request a withdrawal:

1. Your cashout request is moved to a queue with other withdrawals.
2. Once it’s your turn, the casino checks what payment methods were used for deposits as well as withdrawals. They have to match or the withdrawal request is canceled.
3. The casino checks if a bonus has been used since the last withdrawal. If this is the case, the casino makes sure the terms and conditions of the bonus were not breached. If they were, the withdrawal is canceled.
4. The casino checks if verification is required. If it is, the withdrawal is set to pending status in wait for verification documents. The player is informed.
5. If all steps are cleared and everything is in order, the withdrawal request is confirmed and the cash sent to the player.

Choose the right casino

One of the biggest contributing factors to slow casino withdrawals is the efficiency of the casino’s payments team. The size of the team and if they work limited hours or all around the clock can make a huge difference.

Withdrawal requests from players happen all the time and the more popular a casino is, the more requests occur. If there aren’t enough people handling these requests, a queue will build up and when this gets long enough, this is when you experience long withdrawal times.

That’s why the first step of shortening your wait is to play with a casino that runs efficiently. In addition to checking our casino reviews, you can simply ask the casino’s support how long withdrawals usually take in order to get an idea before you sign up for an account. 

Check out the best online casinos here.

Withdraw with the right method

This is the second next important thing in order to speed up your withdrawals and it covers two factors. Explained well by Betfair, the first factor is known as closing the loop. This is a rule that all legitimately licensed casinos have to follow in order to comply with their license regulations.

Closing the loop means that any amount deposited from a certain payment method must also be returned to that method. So, in its basic form, if you deposit with a Visa card, you must also withdraw back to that card. Should you choose Skrill or another payment method, your withdrawal would be canceled. You would have to request a new one which would send you to the very back of the withdrawal queue.

Secondly, all payment methods have different transaction times. This is the time that it takes for your money to travel from the casino to your bank or e-wallet account once a withdrawal request is confirmed. If you use an e-wallet there is no transaction time, which means that your money is available once it has been sent to you. However, to a Visa or Mastercard, the transaction time can be up to 5 bank days.

In other words, the payment method that you use at casinos can heavily affect your withdrawal times.

Verify your account

While this is something that is usually only experienced once, verification, also known as KYC or “Know Your Customer”, will happen at some point and slow down your withdrawal. This is a process that legitimately licensed casinos have to adhere to for AML and CFT purposes (Anti-Money Laundering and Combating of Financing of Terrorism). It also helps casinos spot underaged players.

The process can occur on your first withdrawal request or a later one depending on how the casino operates. It will, however, slow down your withdrawal as this won’t be handled until the verification is done. That’s why doing the verification in advance can be a good thing. Once you sign up with a casino, get the verification out of the way and it won’t mess with any of your withdrawals.

To verify your account, you usually need to provide the casino with a photocopy of an ID, as well as proof of address. However, it doesn’t hurt including proof of payment method as well (like a bank statement) as this is sometimes asked of.

Adhere to bonus terms

If you’re using casino bonuses, which generally is a good idea, it’s very important that you read through and understand the terms and conditions that the offer comes with. If you breach any of the rules, not only is there a risk that your withdrawal will be canceled and slowed down but winnings can also be confiscated.

Quality casinos don’t like to punish players as they have a reputation to think about, so it’s not common practice for them to nit-pick the rules in order to find a reason not to pay you. However, they will always be on the lookout for bonus abusers, and if they think you fall under the category, you are likely to experience problems.

Be Loyal

There are two ways that casino withdrawals can be sped up by being loyal to the casino you’re playing at. If you’re a regular player that has never done anything wrong, chances are that your account will be flagged in a way that allows for withdrawals to be instant. It may not happen to all of them, but it is likely that many of your withdrawal requests will bypass the usual queue and be automatically processed by the casino’s payments system. If you’re loyal enough to reach VIP status, your withdrawals will also end up in a VIP queue as opposed to the normal withdrawal queue. So, even if the withdrawal has to be manually checked, it will be prioritized over all normal withdrawals.