The casino market is one of the most competitive out there. Plenty of sites are looking at new ways that they can outdo the competition, and one of the key methods they tend to use relates to payouts.
Some casinos offer payouts that are faster than others, and they may also provide more ways for users to withdraw their money from the account, which can be appealing for certain gamers.
Why choose a fast payout casino?
Is the payout speed really that much of a big deal? Well, that depends on what kind of casino player you are and what you value, but let’s face it, waiting for the money to hit your bank account is frustrating. If possible, it is always better to opt for a fast payout casino.
If money is going to be paid into your bank account, you would rather this payment process happen quickly, rather than having to sit around and wait for it.
On top of this, it is a sign of how efficient and professional a casino is. Look at it this way, a brand that is better at handling payments and making sure things happen in an efficient way is likely also to be better when it comes to other aspects of support. If you need someone to talk to, there’s a chance they may provide you with live chat support. They may also be better at fulfilling the terms that their local gambling legislation insists upon.
How long should payouts take?
Without a frame of reference, it can be hard to even know how long a payout from a casino should take. In general, one to two days can be considered a fast withdrawal. Some sites can take much longer than this, sometimes up to five days for the payment to be processed.
Sometimes the payout speed also depends on the size of the win, and bigger wins may take longer to be processed.
How payment methods impact payout times
Most modern casinos give their players a wide variety of payment method options. In the modern age, there are several different ways for people to make a deposit into their gambling account, and for people to withdraw money out if they manage to win.
Gone are the days when the only option was to deposit via a bank card, or you might even have to call to make a deposit.
That said, the actual payment method used can have a big impact on the payout time with some taking a lot longer than others. Some payments such as cryptocurrency transactions can occur very quickly, it is possible that the money will be paid into the account in a matter of minutes.
Other methods can sometimes take a little longer. For example, if you are using a method that involves a bank account, there is a strong possibility that there will be a processing time that is defined by the bank. This could be 24 hours, for instance.
So, even if the casino itself is very quick at processing the payment, there may be a delay caused by the bank, meaning there is nothing that the casino can do to speed up the process. There are many different reasons why banks may cause a holdup.
In general, online e-wallets and crypto wallets are now the quickest ways to move money around, but it depends on the casino itself and whether they support these payment methods.
Fast payout casinos
When it comes to the fastest casinos for issuing payouts, it is worth exploring some specific options for gamblers who are looking for a quick payout if they manage to get a win. Some top options include:
PlayOJO is a trusted casino brand that has grown very quickly to cover the New Zealand market as well as many others. They have become known for their fast payouts too. PlayOJO provides players with their money in as little as 12 hours, although this does depend on the payment method that is selected.
Dunder Casino is one of the top brands out there when it comes to New Zealand casinos. It has a wide selection of games for players to enjoy and can also be a great way for players to get quick withdrawals, which usually take about 24 hours. Again, it depends on the method used and it can potentially take longer with some methods of payment, but generally speaking, Dunder is among the quicker options on the market.
Choosing the best fast payout casino
Fast payouts help a great deal when it comes to choosing the best casino overall, but it is not the only criteria that somebody should consider before choosing which casino they want to use.
Receiving money quickly after a win is great but there are plenty of other important factors regarding the casino and its quality. For instance, security is the number one consideration for a lot of players. It is crucial that you choose a casino that is secure and trusted.
On top of this, the selection of games is a big consideration. Nobody wants to sign up with a casino where the variety of games is poor. In the modern age, there are many different game developers out there, all with something slightly different to offer players. For things like slot games and even table games, a wide variety and simple interface can be ideal for players.
Through a combination of choosing the right casino, and considering the payment method you wish to use, it is certainly possible to settle on a fast payout option, meaning that any money won can be deposited into an account quickly. Some of the top options can even lead to your money being deposited within 24 hours.
Fast payout is not the only criteria for a good casino, but it is certainly something to consider, and it is a bonus when players can be assured they will get any winnings quickly.