Are There Instant Withdrawal Casinos?

Instant withdrawal casinos are now trending. These casinos allow players to withdraw their winnings almost instantly. Most online casinos can do this within 24 hours and, in some cases, within 5 minutes.

Cryptocurrencies make things better for crypto-centric casinos by allowing them to process payments directly, making it faster and easier. 

This article will guide you in knowing how instant withdrawal works in casinos and provide insights into the market’s top fastest sites to withdraw your payouts.

Instant Withdrawal Casinos in 2023

Instant withdrawal casinos are growing rapidly. Players demand access to their winnings as fast as possible.

Blockchain technology influenced the rapid growth of instant withdrawal casinos. Cryptocurrencies have become the primary mode of payment if you want to withdraw your earnings faster.

Here are some examples of instant withdrawal casinos in 2023:

• Stake.US
• BetRivers

Stake.US

Payment Methods: Cryptocurrencies (BitCoin, LiteCoin, Ethereum, DogeCoin, USDC, and Chainlink)

Withdrawal Speed: Instant

Stake.US is known to have one of the best VIP packages for their customers. They also collaborate with some of the most-watched sports globally, such as VNL, UFC, and Brazil Rugby League.

This casino operates entirely in cryptocurrency. A free version is available, or you can purchase gold coins to redeem winnings.

Pros

• Cryptocurrency-friendly
• Engaging live chat
• VIP Club
• Games from reputable providers

Cons

• No mobile app
• No live dealer games
• Crypto-only payments

BetRivers

Payment Methods: Online banking, Paypal, Physical Sportsbook, BetRivers Play+ Card, Mail Check

Withdrawal Speed: 30 minutes to 1 hour

BetRivers has some of the best bonuses and promotions compared to other casinos. It is a rock-solid casino platform because of its many betting markets and offers.

Pros

• Simple wagering requirements
• Easy withdrawal requests
• Easy-to-use mobile app

Cons

• Country restrictions
• iOS restriction

All About Instant Withdrawal Casinos

Every online casino aims to be the best by giving players a wide range of games and the best customer experience. 

One way to do this is by allowing their players to access and enjoy their winnings immediately. These factors primarily drive payment processing speed:

• Transaction verification – an in-house check done by the online casino’s security team to verify the legitimacy of the withdrawal request.
• Payment processing – the time payment handlers need to process the payment to your account.

Ranking the fastest casino withdrawal is commonly based on transaction verification. 

Know Your Customer: Casinos’ Identity Verification

You will encounter the KYC process when gambling for real money in online casinos. Know-Your-Customer is the casinos’ way of verifying the identity of their customers.

KYC has three components:

• Customer Identification Program (CIP) – casinos will ask you for proof of identification and address. CIP is done to make sure that you are who you say you are.
• Customer Due Diligence (CDD) – this is a requirement for any financial institution to assess the risk level of each customer’s transactions. The risk rating will determine how often your account needs to be monitored.
• Continuous Monitoring (CM) – is an important way to monitor and minimize the risk level of customer transactions.

KYC could be a little inconvenient, but it is necessary to avoid bigger concerns like identity theft, underage gambling, and money laundering.

Payment methods – Which one to choose?

Players can pick from a long list of payment method options. Choosing what works best for you is crucial for a smooth deposit and withdrawal experience.

Below are the top payment methods for US gamblers. This will guide you in selecting the payment method that suits you best.

1. Credit and Debit Cards –  the most used method. Most online gambling sites accept them and are easy to use

Pros

• Accepted at most online casinos
• Easy to use
• Secure
• Instant deposits

Cons

• Withdrawals take 3–4 business days
• Minimum and maximum withdrawal limits
• Not all casinos accept credit cards for withdrawal
  

2. Crypto Banking Options – cryptocurrencies are the fastest-growing payment method. Many players choose this method because of its anonymity features and processing speed.

 Pros

• Enhanced security 
• Low fees
• Low deposit and withdrawal minimums
• Bonuses and promotions
• Anonymity
• Fastest method

Cons

• Not available at all casinos
• Volatility

3. E-Wallet Casino Payment Options – e-wallets work similarly to online bank accounts. They also work with cryptocurrencies and can be used to play online casinos.

Pros

• Convenient
• Easy to use
• Mobile device ready
• Secure

Cons

• Lack of anonymity
• Withdrawal fees
• Transactions over $600 are reported to the IRS

Other payment options are also available but are less prominent compared to the ones listed above because of the processing timeframe. Listed below are other options:

4. Money orders – these are easy to obtain, cheap, and don’t require banking information. However, you need to send the physical money order to use it.

Pros

• Secured by money order distributor.
• Don’t require banking information
• Higher deposit limits
• Protected in case of loss or theft

Cons

• Processing may take a couple of weeks
• High fees and minimum withdrawals

5. Bank transfers – many casinos allow you to transfer money directly from your bank account. Convenient but can be slow and with high fees in withdrawals.

Pros

• Secure
• Higher limits
• Bank options

Cons

• Transactions can take two days to 2 weeks
• Higher transaction fees

As a summary, here is a table showing different payment methods you can choose from:

How to choose the right payment method

Now that you have an idea of what your payment method options are, how do you choose the best one for you? Here are some factors to consider for the best payment method:

• Security Features – security should be prioritized. Make sure that the payment method is run by a reliable party with updated security measures.
• Payout Speeds – this entire article’s main topic is this. The faster you enjoy your winnings, the better.
• Minimal Fees – some payment methods charge for payment transactions. Choose the ones that have little to no fees.
• Fits Your Gaming and Lifestyle Needs – depending on the kind of gambler you are, choose the one that suits your needs. If you do frequent small deposits, you would want to check the minimum deposit requirement.
• Bonuses – some payment methods offer perks like welcome bonuses, loyalty points, etc. Who doesn’t want to get free stuff?

Cryptocurrencies reshaping online gambling

The growing popularity of Blockchain technology significantly impacted online gambling. Security and privacy issues are mitigated by the decentralization.

With the use of cryptocurrencies, instant withdrawals become more achievable. Online casinos can now process payments directly without third-party gateways that prolong the process.

A lot of online casinos that initially accepted only traditional payment methods are now accepting cryptocurrencies and fiat transactions, and some are even shifting to becoming crypto-centric.

The possibilities are endless. As blockchain technology and cryptocurrencies evolve, online casinos will definitely evolve too.

Fastest Withdrawal Casinos 

Now that you know how instant withdrawal works in online casinos, it’s about time that you know which of them offer such perks.

There are many out there that you can choose from, but the catch depends on how fast it can get to your account. Here are some that you might want to consider and their pros and cons.

Wild Casino

Wild Casino is considered to be one if not the top performing online casino in a long time. Established in 1991, their continuous updates and state-of-the-art features make them the top casino for gamblers.

This online casino has been known for having one of the fastest and most hassle-free withdrawals among its competitors. 

Pros

• 30+ years in the industry
• 24/7 Customer Support and can accommodate in 26 languages
• Unlimited perks and promotions
• Accredited with top-tier gambling licensing organizations

Cons

• No free spins
• Limited to no VIP programs
• No loyalty packages

BetRivers

Aside from having thousands of games to choose from and unlimited perks and bonuses, BetRivers has a podcast where they discuss the latest sports events to help you choose which the team to bet on.

With a minimum of $10 or more, you can withdraw the amount and have it processed within 24 hours. This will be either an online or in-person withdrawal transaction.

Pros

• Low and simple wagering requirements. No strings attached!
• 80% withdrawal requests approved in real-time
• Easy to use mobile app

Cons

• Some games or features are only available in the US
• iOS restriction in some states

Fan Duel Casino

Fan Duel’s refund system on net losses is a huge win for their customers. There may be a one-time cap, this is one of the rare perks that Fan Duel offers, unlike other online casinos.

One notable feature about them is their “play again” option that still lets you win back what you’ve initially lost. They also allow you to process and claim your winnings within 24-48 hours. 

Pros

• Cashback on net losses of up to $2,0000
• Easy to use mobile app
• Fast or instant withdrawal options

Cons

• Limited games available
• Welcome bonus applies only on the first day

Super Slots

True to its name, the games available in Super Slots are primarily slots. Their interactive slot games make it engaging for customers to enjoy the website or app. 

Some interesting promotions include a 50% deposit match on Sundays and 100 free spins when you deposit every Wednesday. What’s also interesting about them is their instant withdrawal feature for cryptocurrencies.

Pros

• $6,000 welcome bonus with 50 free spins
• Reload bonuses
• Instant withdrawal for crypto

Cons

• No demo or practice games
• Additional fees on some of their partner withdrawal methods

Side Note

Super Slots offers a generous reload bonus called the Pick Me Up Tuesday where bettors can receive up to a 50% match bonus on their deposits made every Tuesday.

Caesars Casino

Caesars Casino is one of the most trusted online casinos worldwide. Thanks to their established partners across all gaming platforms and licensing organizations. 

Promo codes are also available depending on which state you’re from when you enter their website.

Pros

• Thousands of games 
• Lots of promo codes available

Cons

• Some exciting welcome bonuses are only available in some states
• Not so user-friendly website

Fastest Crypto Casino Withdrawals 

In today’s fast-paced world, the possibilities are endless, especially in gambling. Aside from the ones mentioned earlier, crypto casinos are also available in the market that offer instant withdrawals.

Here are some worth your time and penny:

Lucky Block

Launched recently in 2022, Lucky Block has quickly garnered the interests of critics and gamblers. The number of games, perks, bonuses, and promotions in the platform can instantly hook new and existing customers.

Although new in the scene, they address the demand for instant withdrawals that their other competitors have. This makes them one of the fastest-growing crypto casinos.

Pros

• User-friendly website
• 200% matched first deposit plus 50 free spins
• Great VIP and loyalty programs

Cons

• VPN access is a need for some jurisdictions
• Restricted Countries

BC.Game

Another fastest-growing crypto casino is BC.Game. It focuses on an elite user experience by providing platforms to interact and build a community for its customers.

Their several withdrawal payments make it easy for their users to withdraw instantly within 24 hours. If unsure of what to do, they have customer support available 24/7 to cater to your questions.

Pros

• Customer-centered features and services
• Deposit bonuses
• Several payment methods available

Cons

• Other games are restricted in other countries
• Minimum withdrawal

Cloudbet

With over 300,000 users worldwide, Cloudbet is becoming one of the most sought-after crypto casinos. They are known for having one of the most comprehensive catalogs for eSports betting, including FIFA, NBA2K, League of Legends, and more.

Plus, you can withdraw at Cloudbet at any given time. Processing can take up to 24 to 48 hours via their vast available withdrawal methods.

Pros

• Ideal for both eSports and sports betting
• No minimum withdrawal
• Instant withdraw at any time

Cons

• Limited to no bonus for existing customers
• Vague welcome bonus and offers

Metaspins

Metaspins is a crypto casino platform that’s perfect across all demographics. The interactive features in some of their games will entice every enthusiast, particularly online gamers.

They have also partnered with some of the biggest gaming studios worldwide to make their platform more appealing. With the help of their Web3 integration, you can deposit, withdraw and buy cryptocurrencies easily.

Pros

• 100% match deposit to 1 BTC
• Easy to navigate website
• Thousands of interactive games

Cons

• No sportsbook

Vave

Launched just this 2023, Vave has proven to be a top-tier in the crypto casino scene. Great VIP packages and programs and a partnership with Judd Trump are just some of the achievements that Vave has accomplished so far since its launch.

The waiting period for withdrawal usually takes about 10 minutes but will depend on the chosen currency. However, bear in mind that they only accept cryptocurrencies for deposit and withdrawal.

Pros

• Great user interface on website
• Vast selection of games
• Partnerships with big names

Cons

• A $20 required deposit
• Limited offers for now as they’re still new

The Final Verdict

Instant withdrawal is becoming a required feature in online casinos. Most players find a long waiting period a deal-breaker and demand that they get access to their winnings as quickly as possible.

Some traditional payment methods are able to process payments fast enough. However,  cryptocurrencies have definitely set the bar high for payment transactions. 

Speed is only one area. Transparency, security, and privacy are some of the features that this technology capitalizes in.

While cryptocurrency seems to be the future of online gambling, it is still up to you to choose the best payment option that suits your gambling habit.