The basics
Before taking a look at the top casinos, you should consider your transaction needs and preferences and what rules would apply to your particular situation. Online casinos will provide you with certain options and you must understand what they are.
- Same-day withdrawal normally pays your winnings within 2 to 24 hours. This now-ubiquitous innovation came about with the arrival of digital commerce technology like Cryptocurrencies and E-wallets. Same-day withdrawal is only available is you if you are using one of the required transaction methods.
- Special offers and perks such as welcome bonuses often take longer to pay out than normal winnings. The specific rules for any promotion are made readily available by any reputable casino, so make sure to check the applicable transaction periods.
- Regular bank transfers and cheque transactions, while still probably the most secure, have the lengthiest average transaction times attached to them, so you will be trading off security for speed if you use traditional banking institutions.
- Instant banking payouts are a recent innovation that has transaction speeds comparable to cryptocurrency, but distrust from the market has seen slow uptake of this option.
- Always keep in mind that while cryptocurrencies are efficient and almost universally accepted, their value can be volatile, and using instant-pay transaction methods may attract additional fees.
- Make sure to manage your expectations when waiting for a payout as casinos have specific transaction periods that have to pass before your funds will be processed to your account.