Everyone loves gambling at the top online casinos. As there are more and more varieties of games and slot machines, the chances of winning are logically greater. But, traditionally, if there is one area where online casinos fail compared to land-based casinos, it is with withdrawal requests. Indeed, unfortunately, casinos have a hard time with quick withdrawals. But with the explosive growth of the online gambling industry, sites are vying for your interest in a highly contested market. That's why online casinos have started to speed up their withdrawal methods. Our team has tested all of this, compiling a list of the best casinos for players in Canada.
How would you feel if you could get your hands on your casino winnings as fast as possible? Great, right? Then it is time for you to be happy because gambling with fast payouts in 2021 is a reality.
In this post, we have compiled a list of the best online casinos in Canada that offers the fastest payouts. We will also go over the simple mechanics of how an online casino works. As a result, you will understand why casinos need a little headroom to pay you.
Fast Payout Casino List 2021
- Software providers Microgaming and Evolution Gaming help to offer an extremely enjoyable casino platform.
- Certified by eCogra and licensed by the Kahnawake Gaming Commission.
- Many progressive jackpot games available.
- Jackpot City is hugely entertaining, with the design or their site being very user friendly.
- Exciting, themed and rewarding games, including a large number of slot titles.
- Customer support available 24/7 through a variety of avenues.
- Low minimum deposits available, with quick transactions.
- Free spins and other rewards available through the Playamo VIP program.
Gambling with Fast Payouts in 2021
We live in an era where the internet is blazing fast. There are several major financial corporations in the world offering top of the line internet banking services. Then why do online casinos need time to process your payments?
Well, we have to go back in time. When the first online casinos made their debut, finding a safe payment option was a challenge. At that time, the only methods considered safe were bank transfers and cheques.
To this day, you can find bank transfer options at most online casinos. But very few people actually opt for these outdated methods. They are mostly used when the payout is larger than the modern payment providers allow.
Coming back to the point. In the early days of online casinos, payments took up to 7 days to get credited to your accounts.
But not anymore.
With the inclusion of credit cards and e-wallets, gambling with fast payouts in 2021 is more feasible than ever. Today’s generation might not realize the struggle of waiting for weeks to get the money.
However, there are still online casinos that take 3-5 days to pay your money. In fact, it is the majority.
But why is gambling with fast payouts in 2021 still not a norm? Let's investigate a little deeper.
Benefits of Playing at Instant Cash Online Casinos
The first benefit of playing at instant withdrawal casinos is that you get a safe, secure and reliable gaming environment. And that's very important. Most instant payout casinos are licensed and meet the specifications associated with their operating permits. This also implies that their random number generators are regularly tested, so that they are constantly assured of providing a fair gaming environment.
Secondly, you get responsive and efficient customer service. In reality, online casino support teams play major roles in fast payouts. It is their financial departments that verify withdrawal requests, so they can validate them very quickly, and let the payment methods do the rest of the work. An instant withdrawal online casino ensures that withdrawal requests are processed within 24 hours, and 72 hours at the latest. Otherwise, it's not worth it.
Finally, you get the best payment options, which are flexible, secure and fast. An online casino that wants to pay its players quickly will make sure to incorporate payment methods that have very fast processing times. These include e-wallets and credit cards. Read on to learn more about these methods.
Where Does the Delay Happen?
Before you go out and start shouting at the casino customer support team, we humbly request you to understand what causes the delay. We will lay the reasons out for you and include examples whenever possible.
Documents and Verification
From the casino’s end, this is the biggest hole that time slips through. The casinos cannot just make payments to anyone submitting a request, can they? They need to verify the identity of the withdrawer.
It is done to safeguard the transaction as well as to ensure that the player falls under the country’s jurisdiction for gambling with fast payouts in 2021.
For example, when opening an account at online casinos, there is a field for your birth date. If you are a savvy internet user, it is not unlikely that you would input a fake birth date just to experience the casino.
As an honest citizen, you should not. But not everyone has the moral ethics as you! And that is where the online casino verifications come into play. Even if the player did not follow the rules beforehand, they are bound to get caught at this stage.
The casino usually asks for a government-issued photo ID or passport to confirm your age. And a utility bill to confirm that you live in that particular country. It is because payout laws vary from country to country.
You might ask, why does a casino need so much time to check two documents? Well, you are not the only player enjoying the slots at the casino, right? There are thousands of other players also submitting withdrawal requests.
Hence, it takes about 24 hours for the best casinos in Canada to clear your payment.
Wagering Requirements
Do you know what is the largest reason for you to get your money late? Or not get the bonus at all?
If you have not guessed already, it is the wagering requirement. No online casinos will allow you to withdraw bonus money without completing the wagering. In most cases, it takes a substantial amount of time for you to complete it.
And when you suddenly submit a withdrawal request without completing the wagering, the casino has to cross-check your funds. It takes a little time as well. And when you do that, you are automatically forfeiting your bonuses in exchange for gambling with fast payouts in 2021.
If you want to get your hands on the real money as soon as possible, the ideal course of action for you would be to complete the wagering. However, you can opt-out of any bonuses and promotions to eliminate the need for wagering altogether.
High Minimum Withdrawals
In many online casinos in Canada, gambling with fast payouts in 2021 is not possible due to the high minimum withdrawals. Casinos have a specified floor value that you must withdraw. When you do not have the amount on your account, you cannot request a withdrawal.
It is especially painful when the minimum deposit is lower than the minimum withdrawal. You cannot even get your hands on your own money unless you deposit more to win a hefty amount.
So, look for casinos with a lower minimum withdrawal to easily take out your cash.
For example, if you win C$500 from playing slots or live dealer games, you cannot withdraw the money if the minimum withdrawal is C$1000. You have two options to choose from in this case. You can either wager the C$500 to win more or deposit another $500 to withdraw the C$1000 at once.
Low Maximum Withdrawals
It is another challenge you may face at many online casinos in Canada. When the maximum withdrawal is low, you cannot get all of your money at once.
For example, if you win a jackpot worth C$500,000 and the maximum withdrawal is set at C$100,000 a week, you have to wait 5 weeks to get all of your money. While it is not a problem for most people because that is a huge chunk of money coming their way every week?
But if you are a high-roller, it may hinder your habits. In this case, you might want to opt for Casinos that have a high to no maximum withdrawal.
Withdrawal Frequency
Withdrawal frequency set by an online casino comes in the way of gambling with fast payouts in 2021. If an online casino only allows you to withdraw once a week, you have no option but to wait. It is more common in mediocre online casinos in Canada.
Lucky for you, you will not find such a casino on our list. We want you to enjoy your winnings as soon as possible. So, we only list casinos that offer top of the line security along with fast payouts.
For example, if you withdraw C$1000 and spend it all on a shopping spree, you have to wait another week to withdraw the next installment. It is not a problem for most people as it is very unlikely that they would go shopping every week!
The Infamous ‘Pending Period’
You may find a pending period on your withdrawal requests at many online casinos in Canada. What happens is that the casino puts a hold on your withdrawal and it can last up to 7 days. The idea is to bore you out so that you cancel the request and start playing again.
No reputed online casino would do that to the players. You are most likely to find such a pending period at casinos that offer bonuses too good to be true. It’s better to stay away from these casinos for your own benefit.
We highly recommend doing your research before you start depositing at any online casino. You should thoroughly read the terms and conditions to understand the withdrawal policy.
The reason we are not including any of the policies is that it varies greatly from operator to operator. And we cannot include all of them in this post.
Payment Method Verification
At this point, your money is cleared from the online casino of your preference. Gambling with fast payouts in 2021 is just a few minutes away from you. But wait! There is a payment method verification as well?
Many banking services are revoking the right of players to withdraw money from a casino. They are like double-edged swords. You can make deposits but cannot withdraw. You must select another method of withdrawal like an e-wallet or bank transfer.
The dilemma can cause some delays in the payment procedure. The payment providers who still allow gambling transactions will take up some time to verify that the money coming in is from a legitimate source.
Overall, the buffer is 3-5 days for most payment providers. You do not need to worry because if a legit online casino lists a withdrawal method, you are going to get your money.
Gambling with Fast Payouts in 2021: Payment Options Ranked
In the modern age that we live in, most online casinos try to clear their withdrawals as fast as possible. But there are instances when it takes longer than usual. We already know what causes the casinos to delay your payments.
Now, let us take a look at some of the fastest withdrawal methods.
Cryptocurrencies
As surprising as it may seem to you, cryptocurrencies are the fastest mode of casino transactions nowadays. With the boom in the crypto industry, more and more online casinos are embracing Bitcoin, Litecoin, Ethereum, etc. as both deposit and withdrawal options.
The fact that there is nothing to verify in cryptocurrencies contributes to your almost instant withdrawals. You can expect to get the money as soon as the casino verifies your age. All there is in a crypto transaction is the exchange of wallet addresses. So, there is nothing to take up time.
E-Wallets
You will be very happy to know that e-wallets are by far one of the fastest in terms of casino withdrawals. As soon as the casino clears your money, you can expect to get the money instantly. There is no doubt that e-wallets have revolutionized the casino payment scene.
There are numerous e-wallets available in online casinos in Canada. And they should be your target for gambling with fast payouts in 2021.
Some of the most prominent e-wallets would be Neteller, Skrill, Neosurf, iDebit, Instadebit, Interac, ecoPayz, etc. All of these payment providers offer the fastest deposits and withdrawals at the same time.
Another reason to opt for e-wallets would be security. Most of them maintain industry-standard data security protocols to safeguard your personal information. And when you choose them for your casino withdrawals, the casino cannot access any of the information.
To put it into context, when you use credit cards or debit cards, the casino must access your bank account to either debit or credit the money. It is mostly safe. But not as safe as an e-wallet.
Also, there are no verifications required from the payment provider’s end. They have lasting partnerships with online casinos. So, you get your money into your account immediately.
Credit/Debit Cards
It might not be the fastest withdrawal option around, but it is reliable. The concept of using credit cards for casino deposits started a revolution in the industry. Online casinos started to offer more and more options for the players.
In no due time, almost all online casinos in Canada started to offer credit cards. Namely, VISA and MasterCard have been dominating the industry. The wide availability and best in class customer support from these banking options have made them a prime choice for Canadian casino players like you.
When an online casino allows you to opt for credit cards for withdrawal, you can go ahead and select those with your eyes closed. These are directly linked to your bank account so the safety is unmatched.
Generally, it takes anywhere from 3 to 5 days for you to receive your money. And that includes the casino verification time as well.
The bottom line is, credit and debit cards might not be the best choice for gambling with fast payouts in 2021, but they are still very capable of taking down your withdrawal challenges.
Local Internet Banking
If you find country-specific banking options, you should always give them a try. As for Canada, Paysafecard, eCheck and Interac are very good examples of local payment providers. They know how to cater to a local audience.
And in terms of gambling with fast payouts in 2021, they are prime candidates. They can match the pending period of credit cards, sometimes beating them. So, why not give them a try?
Bank Transfers and Cheques
It is obvious that these withdrawal options will come in last on our list. They are as conventional as they can get. The casino literally transfers the money to your bank account after verification.
And the bank verifies the transaction again before crediting the money to your account. It takes a long time, sometimes over a week. You should avoid it if you want gambling with fast payouts in 2021. But if it can wait and you value traditional security measures over modern ones, go ahead by all means.
Tips for Gambling with Fast Payouts in 2021
Now that you have a clear idea about why your withdrawals get delayed, we can share some of our tips to minimize it for you. Keep in mind that not all online casinos are the same. While some offer faster payouts with a limited selection of games, others might offer you more entertainment in return for delayed payment.
Let us explore some tips you can use to find the right online casino in Canada.
Go for a Known Operator
The first one on our list might seem the most obvious to you! But you would be surprised to know how many people make this mistake. They opt for a mediocre online casino and later complain about their payment being late.
We do not want that for you. So, what you can do is look for the most popular online casinos in Canada. They are popular for a reason, right? You do not have to go any further than our list. We have separated the fastest paying casinos in Canada just for you.
Another reason behind the popularity of these casinos is customer satisfaction. But how do you satisfy the customers?
In the mysterious world of iGaming where money is everything, you can only satisfy the customers by paying them. So, the most popular online casinos in Canada are usually the ones that pay the fastest.
To confirm, you can read player reviews on various forums. Players from across Canada share their experiences with the casinos and their payment details. Take your time to research the casino.
Look at the Payments Page
Do not deposit right after finding the most popular casino in Canada. Rather, take the time to read the payments page. Some operators might label it as a banking page well. On that particular page, you will see a list of available options that you can use for withdrawals.
Some operators might ask you to sign up first. Go ahead and do that. It does not take any money to open an account, right? Only make a deposit when you see gambling with fast payouts in 2021 options like e-wallets and e-transfers.
A rule of thumb is to cross-reference the list with the customer support team. What happens is some online casinos list all of the payment providers together. So, it would be wise to contact customer support and ask them if you could withdraw your winnings via the payment option of your choice.
Look for Fees
Many of the online casinos in Canada might offer gambling with fast payouts in 2021. But there might be a catch. A fee. Yes, it is very common for fast withdrawal methods to have a fee associated.
Look into the terms and conditions page and navigate to the withdrawal section to find out about the fees, if any. If there are none, you are in luck! If there is, revisit your decision of whether you want the instant payout or not.
Be Aware of the Limits
Remember the limits we talked about in the beginning? Different limits on withdrawal amount and frequency can hugely impact your overall turnaround time. Again, the terms and conditions page is your best friend in this case.
Go through the clauses very carefully to find the limits. If it is something you can deal with, go ahead and make a deposit. If it is not, look for an alternative. Soon enough, you will find the right online casino in Canada!
Become a VIP
If an online casino you like does not have fast payouts but has a VIP program, you should still give that a try. Among the many perks of being a casino VIP is faster withdrawals. When you submit a withdrawal request, the casino prioritizes you over the regular players.
It is a very good way to get the money quickly and easily. You might have to spend quite a lot to become the VIP, but it is all going to be worth it in the end.
Fastest withdrawal online casinos in Canada
The best paying online casino, in terms of instant withdrawals, is hard to find, as there are many possibilities. In fact, some casinos are definitely doing their job well, and allow players to receive their payouts in a quick manner, regardless of the banking methods used – credit cards, bank transfers, e-wallets, etc. Among the online casinos that offer fast withdrawals, there are a few that stand out. Of course, the list is not exhaustive, and all the casinos listed on this page and our site offer acceptable quality services. Here are 03 selections from our top gaming establishments:
Playamo
Playamo's popularity with players is due to its user-friendliness, a friendliness that involves exceptionally fast payout times, between 4 and 12 hours. We like this casino for many reasons, some of them being its attractive bonuses and the developers that populate its game library. In addition, 500 CAD and 100 free spins are waiting for you upon registration.
Spin Casino
With a welcome bonus of 1000CAD, numerous promotions, and a selection of games that will make anyone's mouth water, Spin Casino is a legal establishment whose team deals very quickly with requests related to money withdrawals. We're talking about a turnaround time that usually doesn't exceed 24 hours. One of the best gaming establishments approved by our experts.
Jackpot City
Jackpot City replicates the world of Las Vegas quite well, with attractive colors and ergonomics that force admiration. But the reason our team likes it is because of its 24-hour withdrawal processing, its fair gaming environment, and its generous $1600 welcome bonus.
Gambling with Fast Payouts in 2021- FAQ
Got questions? Good. Let us answer.
To get this information, read our casino review, or click on the direct link to the game site. You will see the waiting period displayed. If you are already registered, go to your personal area and click on your withdrawal information. The details will appear. As a last resort, you can also contact the casino's customer support.
In principle, no, unless otherwise stated in the casino's terms and conditions. However, depending on the payment method you choose, there may be fees associated with it, which are charged by the issuing companies. For example, Skrill and Neteller have fees associated with their use, which you should be aware of.
Yes, it does matter, because once the casino's financial department has approved your withdrawal request, the speed with which the funds land in your account is no longer dependent on the casino, but on the payment method you choose. That's why we recommend credit cards and e-wallets.
Many casinos often delay payout time to keep the funds in the player’s profile for longer. But most reputable online casinos in Canada payout quite fast because they aim to please their audience and create a loyal customer base.
There is. But we recommend you steer clear of those. Any online casino that implements security measures will take some time to clear your payment.
The security measures are often the biggest challenges. Most of the time goes into verifying and securing the transaction. And it is done for both your and the casino’s safety.
At the time of writing, cryptocurrencies and e-wallets are the fastest to give you the money.
If you have previously played at an online casino and verified your identity, it is possible to receive the money on the same day with e-wallets and cryptocurrencies.
Gambling with Fast Payouts in 2021- The Wrap Up
The fast-paced lives we lead in the 21st century do not allow us to wait for weeks to receive payment. Online casinos in Canada know it very well. And that is why they are trying to modernize their array of features to grant you the fastest payout possible.
On our list, we have compiled the best online casinos in Canada. While faster withdrawals were our priority, we did not compromise on security, game library and promotions. You can expect to have a blast when you sign up on these casinos.
So, what are you waiting for?
