Published on 12/14/2022 7:27:08 PM
It’s a phrase we hear over and over again in the iGaming and online casino world these days - but what does ‘instant withdrawal’ really mean? We’ve done the research so you don’t have to, so keep reading to find out what it means if your favourite sites are described as an ‘instant withdrawal’ casino.
Ever been frustrated by how long it takes to withdraw your winnings from an online casino? Frequently over the years, withdrawing your winnings has been a slow process, due to various delays in the process and the online banking system. This is where instant withdrawal casinos come in - these sites have massively reduced the time it takes to withdraw and enjoy your winnings. The word ‘instant’ isn’t necessarily entirely accurate here, as the withdrawal can still take up to 24 hours to reach your bank account.
However, this same-day withdrawal speed is faster than ever before, so it is seriously worth making sure you play at a site that offers instant withdrawals if you want speedy access to your cashouts. The top-rated instant withdrawal sites out there today are able to land the cash in your bank in just a few minutes!
It’s important to check each site’s terms and conditions, especially around the subject of instant withdrawals. There are some sites which may charge a small fee for the privilege of withdrawing your money instantaneously, so if this bothers you, make sure you check the small print to avoid getting caught out. There are plenty of sites offering free instant withdrawals - you can compare instant withdrawal casinos on Time2play to make sure you find the site that has the most appropriate offering for you.
It’s also important to consider which withdrawal method you’ll be using, as instant withdrawal is not typically available for every single different withdrawal method. Some sites will require you to use an e-wallet or a payment provider like PayPal to have access to instant withdrawals.
PayPal is actually a pretty favourable option, as there are zero charges and the funds will reach your account within 24 hours, and the site is renowned for its secure SSL-encryption which provides strong protection for your cash and your personal details. Other payment provider options typically include VISA, Mastercard, Play+ (a prepaid card that offers both deposit and withdrawal functions), bank transfers, eChecks, and Skrill - there’s a lot to choose from.
Most sites do offer at least one withdrawal option that will take less than 24 hours, so the instant withdrawal process is certainly becoming far more widespread across the iGaming industry. There will be at least one, if not multiple sites that offer instant withdrawals using your preferred withdrawal method, so there’s an option out there for everyone.
Just make sure you read up on the terms and conditions of each site first to avoid any unwanted surprises. These days, there are plenty of sites that do not charge any extra fees for instant withdrawals, so if you’re being asked to pay up, it’s likely you could head to a different site to enjoy fee-free withdrawals instead. Make sure you are clued up on the policies of both the casino site and the payment provider you’ve chosen, to avoid any unwanted charges along the way.
It’s vital to also check you’re using a reputable site, as there are still unofficial casino sites out there which claim to offer secure, instant withdrawals but are actually unlicensed and therefore aren’t regulated properly, so your money might not be kept safe. It’s hugely important that your cash is handled by a reputable, licensed and regulated online casino site so that there are protections in place if anything does go wrong during the payout process.
It’s easy to be enticed by instant withdrawal offers, but make sure you also prioritise your own safety and security when choosing where to deposit your cash. There are so many solid, reputable sites to choose from, so you should definitely make sure you do your homework and ensure the site is regulated and licensed in your part of the world.
There are certainly huge benefits to the instant withdrawal process - you can enjoy your favourite online casino sites whilst safe in the knowledge that your cash is easily and readily accessible should you wish to withdraw it quickly. Instant withdrawal casino sites often tend to charge reduced fees, which is another plus for players.
Generally speaking, sites that offer instant withdrawals using e-wallets like PayPal tend to have the fastest turnaround time when it comes to landing that cash in your bank account. So whether you’re a roulette player or prefer placing your bets on a major sports game, you could definitely benefit from researching instant withdrawal casinos, and finding a method that works for you.