Are You Looking For an Instant Withdrawal Casino?
Waiting for your real money winnings to be processed is one of the most hurtful things that can happen to you as you gamble online. Things get even messier inside your head if you have to wait for about 5-7 business days to cash out your winnings! We all know how that feels. It’s terrible. Such delays invite panic, and it’s easy to start feeling like you have been ripped off!
Thanks to 21st-century technology, some instant withdrawal casinos UK sites don’t want to cause you unnecessary pain. At these instant withdrawals casinos, your cash is processed in a matter of minutes, and you can enjoy it in no more than 24 hours. How about that?
Today, we will be focusing on the fast paying betting sites located in the United Kingdom. To help you understand the difference, we will start from the fastest to the slowest, respectively and this way. You will even know which payment option you should use at the casinos with instant withdrawals exactly.
However, before we dive into the details, here’s a list of some of the fastest casinos the UK has, together with their juicy welcome offers:
- Slots Magic Casino has a 100% matched welcome bonus of £50 plus over 500 free spins all year round.
- Guts Casino – upon joining it, you will be awarded a new player bonus of up to £300, including 100 free spins.
- Royal Panda – here, you get a 100% bonus of up to £100 and 10 extra spins for free.
- Spinit Casino – every new player receives a 100% matched welcome bonus of up to £200.
- Play OJO – even though there is no matched offer, you get a welcome bonus of 50 free spins.
Why Do Instant Withdrawals Matter?
Withdrawal speed is an integral part of any casino anywhere, leave alone the United Kingdom. Above anything else, the speeds will enable us to determine whether we can trust the casino we are cashing out from. We all know that trust is only earned. Players cannot put their money where they don’t trust. For example, would you rather play in a casino that takes up to 7 business days for you to receive your cash or play on a website where cashing out takes a maximum of 24 hours only? We all know the answer to that.
You would go for the faster one because it feels more trustworthy, and it’s a sign that the house wants you to receive your payout as fast as possible. And by the way, before we move forward, we’d like to insist that the cashing out speeds we are talking about are not the ones listed themselves in the casino. Instead, we focus on tried and tested speeds by our team of experts and those indicated by ongoing players in their reviews.
That’s because some of the speeds indicated by the website may be a best-case scenario and not a guarantee. For example, you may find that they have listed that the payment takes only 24 hours tops, but according to customer experience, it goes up to a week. The values used to list the casinos with instant withdrawals above are purely based on the customer experience and first-hand tests from those casinos.
To help you understand why withdrawal speed matters, we will take a look at the factors that directly affect the speeds of withdrawal. These factors include:
- Monetary stability
- Excellent customer care support
- Member feedback.
Mandatory Factors for Instant Withdrawal Online Casinos
Here is a comprehensive overview of each of the factors in detail.
- Monetary Stability. The site has to be financially stable to pull off instant withdrawals in any particular casino. Typically, online gambling sites usually allow gamers to cash out through over 20 different withdrawal methods. To be carried out effectively, they need to have a substantial amount in every payment account. It means that money should be available all the time because online casinos could carry out millions of pounds of transactions on an hourly basis. The betting site must be financially stable to keep everything convenient for gamers for such huge transactions to be processed.
- Excellent Customer Support. Mostly, casinos with instant payment methods must be ready to handle any queries through the most qualified staff for customer support. It guarantees that all the processes go smoothly by channelling a massive chunk of their support energy to where the money is cashed in and cashed out. That way, nothing will get delay or get corrupted, leading to delays or even losses. All casinos with instant withdrawals have the best customer support staff hired to handle everything correctly and make sure errors are instantly attended to before anything else goes wrong. This way, you can expect to enjoy your real money winnings in no more than 24 hours.
- Fairness. All fastest payout casinos are fair to their members, and they have player-friendly RTPs that are well over 96% on average across all the games in the lobby. It means that all the bonuses, such as welcome bonuses, are easy to redeem, to begin with. In addition, every other offer available such as free spins and massive rewards like jackpots, are achievable by any member of the site. Fraudulent casinos in the UK, on the other hand, usually have progressive jackpot slots among other games that have never been won, and this should be one of the many warning signs that you shouldn’t create your account there. Without guaranteeing fairness through third-party audits from trusted institutions like eCogra, receiving your winnings on time will be a problem.
- Feedback from Customers. The general feedback from players is essential, so we heavily consider it before making our list of instant withdrawal casino UK sites. For your information, single feedback can either affect the casinos negatively or positively. For instance, when a player is not satisfied with the service offered at a particular website, especially with delayed payments, they wouldn’t want anybody else to go through what they went through. Through feedback, players also have a unique opportunity for communicating their grievances to the site.
If a gambling website is trusted, it should deal with the issue as fast as possible and promptly respond to the player’s review. When this happens consistently, the website’s rating as a fast paying casino will improve since they have rectified all issues that they initially had. As a result, the site will even attract many more gamers since it has proven its effectiveness.
What Are the Factors Influencing Withdrawal Speeds?
Several factors within the casino can lead to successful instant withdrawals. Instant cash-outs will be successful for any payout casinos because of how the system or process is run. The main aspects that will directly influence how fast you are going to get your winnings are:
- Amount of money being cashed out
- Country of residence
- How fast online casinos will authenticate the transaction
- The time it will take for the funds to be loaded
- Payment method in use.
Let us discuss them in detail now, shall we?
Amount of Money Being Cashed Out
The amount of money you want to withdraw matters a lot when it comes to instant withdrawals. Amount especially applies you happen to land on a massive stack of cash such as a progressive jackpot, and you want to cash it out. Unfortunately, almost all casinos in the United Kingdom have a threshold amount you must not exceed during withdrawals. So, what this means, you will have to wait a bit longer as your winnings are being processed compared to other players with relatively smaller amounts of money.
You may be requested to pick a payment plan on how you receive the reward money. You may have to withdraw in instalments or even choose some payment options over others because of the maximum limits (which we will discuss later in this section). For example, wire transfers to your bank account have higher transactional limits compared to e-wallet options, and the downside for that is a longer speed of transaction.
Country of Residence
The country that you are located in greatly matters during withdrawals of funds. If, for instance, you are located in the United States, your payment speed will be affected. This is because transactions in the United States have slowed down thanks to the UIGEA of 2006, which has some restrictions between the casinos and banks. Furthermore, in the USA, many instant payment options like PayPal, Neteller, and Skrill are not accepted for loading and cashing out for online gambling purposes. However, if you are located somewhere in the United Kingdom, you are fortunate. You will enjoy very instant withdrawals since there are no restrictions that could slow down the transactions.
How Fast Your Transaction Will Be Authenticated
Usually, before you receive payment from a betting site, casino personnel has to authenticate the payout. As a result, if there are delays in the authentication, then there is a good chance that your withdrawal will delay. The fastest paying gaming sites usually have a streamlined authentication process. The site personnel will approve your transaction quickly so that you can enjoy your winnings as fast as possible.
The Time It Will Take for the Funds to Be Loaded
You are well aware that in any instance, there is a substantial number of financial transactions taking place. For example, if you are buying something on eBay, it takes a couple of seconds before your money is deducted from your account, i.e., PayPal account. So, if by any chance you use a check as your way of cashing out your winnings, it will take a couple of days or even a week for that money to reach your account. Therefore, before you get started, it is wise to research how long each method takes, especially when you do real money gambling. And this brings us to the next factor that will ultimately determine how quickly you will receive your monetary rewards.
Payment Method You Are Using
The payment method you are using for transactions affects the withdrawal speeds from one casino to the other significantly. Therefore, before signing up, you should first check the available options for withdrawals before making any final decision. Then, go through the next section to understand the advantages you’ll enjoy depending on the merchant you use as you place real money wagers via the internet.
- E-Wallets (fastest). Electronic wallets are fastest the means of cashing out your winnings. Typically, players should expect their earnings in a matter of minutes or up to 24 hours, depending on how fast the site will handle the transactions. As long as you are not in the United States, you will enjoy the speeds that e-Wallets bring without any issues when you place wagers over the internet. For players from the United Kingdom, we recommend using the e-Wallets below because of their speed and convenience.
- Credit Cards (Fast). They are also among the best in depositing money to your casino account. Like e-Wallets, deposits are instantly processed, but the speed will vary from one casino to another when it comes to withdrawing. They are pretty fast but not as fast as their electronic wallet counterparts. Here, you can receive your winnings in 24 to 48 hours, but it could take longer. There are many types of credit card options depending on your country of residence. In the United Kingdom, in particular, the most popular credit cards include;
- VISA/ VISA Electron
- MasterCard/ Maestro
- Wire Transfer (Slow). Initially, this was a widespread way of transferring money internationally, but it lost its popularity because it was costly and took longer. For instance, you might find transaction cost going up to £70. However, this option is still available at gambling websites because of its higher withdrawal limits, and apart from that, some players prefer receiving their money directly to their bank accounts. So, if you have chosen it as your primary means of withdrawing, your money will take up to 7 business days, i.e. not including weekends and holidays.
- Bank Checks (extremely slow). Checks are still in use at gambling websites despite being very slow to keep options open.
- . In most cases, cashouts via this method mean that you have to wait for up to two weeks or even more. It’s hard to tell the exact time frames with this method.
- Cryptocurrency. We would have started with this over here, but they are pretty different from every other type of currency. Cryptocurrencies like Bitcoins are swift and very cheap compared to all the above options. However, most countries don’t recognize it as a traditional currency, yet that is why we didn’t start with it. But in reality, they are very fast to transfer and cost-effective if you find an online casino that accepts digital currency.
Now you know the kind of wallets you are supposed to use if you want to receive your money as fast as possible. Again, we insist on e-Wallets like PayPal and Skrill for purposes of speed and convenience. On the other hand, if you are looking for much higher limits, you may have to incur some hefty charges and forego speed. It depends on what tickles your fancy!