In addition to aspects such as game selection, security and bonus offers, the payout period for winnings also plays a role when choosing an online casino. After all, everyone wants to get their money quickly when they have made real money in the game library. Find out how to best proceed with payouts and which casinos will pay out the fastest.
Online casinos with the fastest payout in 2021
How quickly online casinos pay out winnings mainly depends on the payment methods available and the internal processing time. We have put together the online game libraries and payment methods for you that pay out particularly quickly.
This is how the payout works in the online casino
In contrast to deposits, winnings are not paid out immediately, but can take a little longer depending on the payment method used. If you follow these steps, you shouldn't have to wait long for your real money withdrawal.
1. Profit
You have received a profit or you want to use money that you have deposited for other purposes. In this case you can request a withdrawal of your credit. Note that there must be a certain amount in your casino account in order to initiate the withdrawal process. In the checkout area of your online casino you can find out the amount of the minimum payout for your chosen payment method.
2. Request payment
In order to initiate a withdrawal, you have to go to the cashier area of the online casino. There you then select the option "Withdrawal". Enter the desired payout amount in the field provided for this purpose. This does not have to correspond to the total balance in your player account. Note that winnings from bonus offers cannot be withdrawn if the bonus conditions have not yet been met.
3. Select payment method
After entering the amount, choose a payment method. As a rule, the same option is used for the withdrawal that you selected for the deposit. So if you have paid in with Neteller, for example, then you can also select this payment option for the withdrawal. If you have chosen a payment method that does not allow a withdrawal, for example Paysafecard, you must choose an alternative method. Many players choose bank transfer in this case.
4. Proof of Identity
Regulated casino operators have to follow strict guidelines. This includes combating illegal activities such as money laundering and preventing underage gambling. In order to be able to adequately meet these obligations, casino operators must check the identity of their players.
You will therefore be asked to submit copies of official documents, such as a passport, ID card or driver's license. You may also need to send a copy of a recent phone or utility bill in your name to verify your current address.
As the verification takes some time, the first payout may take a little longer than usual. If you are one of the new customers of a casino that would like to be licensed in Germany, you must send in proof of identity when registering. In that case, the first payout will also be faster. Our recommendation is therefore to always submit these documents when registering on a gambling website in order to avoid waiting times later.
Tips to speed up the payout in the online casino
Of course, when you win at the casino, you want to have access to the money you have won as soon as possible. However, delays are not always due to the casino. The causes can often also be found on the part of the players. There are a few things to keep in mind if you want a quick and easy withdrawal:
- Choose a payment method that ensures fast transactions, for example eWallets such as Skrill or Neteller. Payouts by bank transfer or credit card usually take more time.
- Before applying for a withdrawal, check whether a withdrawal is possible at all. Make sure you have enough money in your gaming account. Also make sure that you have met the bonus conditions, as a withdrawal is not possible beforehand. Read the terms and conditions of the bonus offers carefully or contact customer service in case of doubt.
- Verify your player account as soon as possible after registering on the website.
- Make sure that your information is correct. Even a small mistake in the spelling of your name could drag the process out.
Withdrawal times for the most popular payment methods
The table gives you an overview of how long you have to wait on average for a payout. Whether or not there are fees varies from casino to casino. With most providers, transactions are free of charge. You can find detailed information in the checkout area of your casino provider.
Please note that fees may also apply for the payment service you have chosen. You can find details about this on the website of the respective service.
length of timePayment methodsDetailsUp to 48 hoursNetellerSkrill
MuchBetterSkrill, Neteller and MuchBetter are among the virtual wallets that enable fast transactions. While deposits arrive in real time, the withdrawal process usually doesn't take longer than 48 hours.2-3 daysGiropay
Entropay
ecoPayzOnline payment methods such as Giropay, ecoPayz and entropay are becoming more and more important in the gaming industry. Withdrawals are usually processed within three days.Up to 7 daysVISA
MasterCard
bank transferIf you are in less of a hurry, you can opt for the classic transaction methods of bank transfer or credit cards. This type of transfer takes the longest, but is still the safest method in online banking.
Reviews: This is how we rate the payout times of online casinos
As gambling experts, we have identified the top online casinos with the fastest payouts for German players. We do this by carefully checking the websites, asking customer service about them and also playing for real money ourselves.
The best online casinos by us not only shine with fast payouts, but also with good performance in terms of reliability, security, player protection, games and bonus promotions. Check out our list of the best online casinos and choose your favorite.
FREQUENTLY ASKED QUESTIONS
Can I cash out a bonus?
The withdrawal of bonus funds is not possible. Before you can withdraw any winnings generated by a bonus, the bonus conditions must be met. You can find this on the website of your online casino.
Do I have to use the same method to withdraw as I used to deposit?
It is usually common for the same methods to be used for deposits and withdrawals. There is an exception if the deposit was made through an option that does not offer the possibility of a withdrawal.
Which payment method is the safest for withdrawals?
Basically all payment methods are safe, because the transactions take place on SSL-encrypted websites. For the payment of larger amounts, we recommend bank transfer, as the security standards for online banking are the highest.
Do I have to pay a fee for the withdrawal?
Usually online casinos do not charge any fees for withdrawals. This information can be found in the banking area of the respective provider. It happens that payment service providers charge a fee for transactions.
Why does the first payout in the online casino take so long?
Online casinos are required to verify the identity of their players. To do this, they need copies of official documents such as passports or ID cards. We recommend that you carry out the verification process when registering in the online game library so that there are no delays in paying out winnings.
