Fastest payout online casinos for instant withdrawals

Since launching in 2019, bet365 has been making its bread and butter in New Jersey. Offering a compelling mix of sports betting options with the best casino games by prominent developers like NetEnt and Microgaming, bet365 also has essential table games like American roulette, Texas Hold’em, and video poker.

bet365 Casino boasts a generous welcome offer and super-quick payout times, making it one of the fastest-paying online casinos in the industry.

Fanatics Casino

Many consider Fanatics Casino the best instant-withdrawal casino because of its cutting-edge payment options like Venmo. By only having fast deposit and withdrawal options, including Apple Pay and PayPal, members can look forward to same-day payouts.

Fanatics Casino is currently online in Michigan, Pennsylvania, and West Virginia.

Instant Withdrawal Casinos by State

Since 2013, with New Jersey leading the way, today, the American online casino sector has blossomed into a billion-dollar industry. This is also thanks to the legalization of sports betting after the United States Supreme Court overturned the PAPSA ban in 2018. However, with six states currently offering regulated iGaming options, the need for regulation is paramount.

To crack down on illegal gambling and protect residents from predatory, unlicensed sites, each state where online casinos are legal has a gaming commission or division. These gaming agencies provide confidence for gamblers to participate. Gaming agencies also vow that gamblers will receive prompt customer support, safe banking, and a guarantee of getting paid on time. While there might be slight differences, most gaming divisions operate similarly.

Let’s dive deeper into the details about the states that offer legal online casinos and how they operate.

New Jersey

In 2013, The Garden State helped to kick off the multi-billion dollar online casino and sports betting boom when former Governor Chris Christie signed multiple bills for sanctioned iGaming sites to partner with Atlantic City’s casinos. New Jersey‘s Division of Gaming Enforcement screens and approves all license applicants, including virtual casinos.

West Virginia

In 2019, West Virginia became the fifth state to sanction online casinos, with the first series of iGaming sites launching in July 2020. Governor Jim Justice signed H-2934, the West Virginia Lottery Interactive Wagering Act, to make regulated online casinos a reality. While West Virginians only have to be 18 to play bingo, horse races, or the state lottery, the minimum age to gamble online or in person is 21.

Michigan

Today, Michigan hosts 16 legal online casinos, including Golden Nugget, arguably the fastest-paying online casino. In December 2019, current Michigan Governor Gretchen Whitmer signed a series of bills to allow regulated iGaming sites and premier sportsbooks like BetMGM to operate. To close out 2023, Michigan’s online casinos earned a record-breaking $2.3 billion. Michigan’s Gaming Control Board licenses all the casinos, sportsbooks, and virtual casinos.

Pennsylvania

In 2017, Governor Wolf signed legislation for legal online casino sites. The first online casino wave launched in 2019, beginning with some of the best online casino apps. The Pennsylvania Gaming Control Board controls and licenses all retail and online casino activities. Next to Nevada, Pennsylvania’s online casinos bring in the most tax revenue.

Connecticut

Connecticut only has two online casino options, DraftKings and Mohegan Sun, with Mohegan Sun operating online via existing tribal compacts. Online gambling, including online and land-based sports betting, has been legal in The Constitution State since Governor Lamont signed the passage in May 2021. Under the umbrella of the Department of Consumer Protection, Connecticut’s Gaming Division regulates all gambling activity. They also regulate the fastest payout online casinos listed in this article for fair and transparent results.

Fastest Deposit and Withdrawal Methods

Instant withdrawal casinos remain committed to their members under the purview of state gaming commissions. Because not every financial institution approves of online gambling, sometimes credit and debit cards will be blocked or flagged. The best fast payout casino should have many digital payment methods for deposits and withdrawals to compensate for this.

Because nobody wants to wait weeks for a check or several business days for a bank transfer to finish processing, new-age deposit and withdrawal methods include e-wallets or a Play+ prepaid card so that you can send money back to a credit or debit card. Play+ is a prepaid card that accepts several funding options and permits players to withdraw at ATMs in the state in which they are registered to play. However, Play+ is not used for fast payouts or instant withdrawals.

Deposit Methods

Most online casinos offer diverse payment methods, including bank transfers for VIP players and more substantial funds to process deposits instantly and securely with robust encryption techniques. Fortunately for online gamblers, except for a bank transfer, there aren’t usually fees for using any of the payment methods. For your consideration, we list the fastest payment methods used at the fastest payout casinos.

• PayPal
• Skrill
• PayNearMe
• Play+
• Credit and Debit Cards
• ACH or Bank Transfer

Some sites might fast-track VIP Preferred bank transfers that same day as a special perk for VIP online casino members.

Withdrawal Options

Instant payout casinos hook new members to join and keep coming back with fast payouts that can be processed that same day. The fastest payout online casinos use digital options like PayPal to increase the payout speed to that day or through a 24-hour process because they don’t have to go through banks for approval or transfer.

Instant withdrawal casinos are also ideal for players who don’t have substantial winnings or aren’t part of a multi-tier loyalty club because they don’t require much verification. Typically, the fastest payout online casino offers these options for instant withdrawals.

• PayPal
• Skrill
• ACH
• Bank Transfer
• Wire Transfer

To see all withdrawal methods that qualify for same-day or instant payment, visit the cashier or FAQ section for all the options.

Same-Day Withdrawal vs. Instant Withdrawal Casino

The fastest payout online casinos have evolved past making users wait several business days for their members to withdraw funds. Thanks to technological leaps in payment methods, American online gamblers have more choices for instant payout online casinos or same-day payout casinos. While both are technically fast withdrawal casinos, an instant withdrawal, if available as an online casino quick payout option, strives to pay to their members within hours, or in the case of PayPal, in mere minutes.

First, instant withdrawal casino sites must verify the winnings, which naturally takes time. The smaller the earnings, the faster the instant withdrawal process. However, more significant winnings can cause delays in verifying the claim, especially if the fast payout casinos have withdrawal limits or the threshold must be reported to the IRS.

Same-day payout online casino sites typically take up to 24 hours to complete the withdrawal process and place winnings in the member’s account the next business day. Please note that bank transfers and VIP Preferred usually take longer than 24 hours to process, even at the fastest payout online casino.

To qualify, players must submit a withdrawal request during certain hours and use specific payment methods like PayPal, Google Pay, or Apple Pay if the casinos support them. The top instant payout casinos try to limit, if not eliminate, withdrawal fees to encourage members to use them. You can always check the FAQ section to see if your site qualifies as an online casino fast payout spot.

Games Available at Fast Withdrawal Online Casinos

The fastest payout online casinos strive to have diverse online gambling categories to reach and appeal to as many members as possible. The goal is to lure online gamblers with the best online casino bonuses to spend frequently for instant withdrawals instead of the traditional five to 10 business days approach, not counting the initial two to three business days to process withdrawal requests.

Slots are the marquee game category at any fast payout casino due to their flexible betting options and abundance of free spins. They also have a favorable payout speed and present the most diversity, including jackpot and progressive titles. The best casinos frequently add new slots to keep veteran members satisfied.

Table games are the most diverse gaming category. Except for tournament games, most standalone table games qualify for fast payouts, sometimes same-day payouts. Due to their centuries-old reputation, table options like roulette and baccarat remain in high demand because they involve a winning strategy, especially if played with a live dealer.

Depending on the instant payout casino, there might be a welcome bonus that applies to table games, including blackjack and craps. Of all the table games, poker offers the most variants, while roulette offers the least.

Table Games

Except for bingo, keno, and scratcher cards, table games are specialized casino games that involve dealing cards or spinning the wheel like roulette. Craps, which involves dice, is another table game and a staple at any fast payout online casino. Table casino games like poker, baccarat, and blackjack involve a dealer dealing the cards to players, while roulette has a croupier overseeing wagers and chips for spinning the little wheel.

Unlike slot games, table games, especially poker, are used in lucrative tournaments. Because of the large payouts, tournament table games usually don’t qualify for same-day or instant payouts.

Live Dealer Games

Many platforms have live dealer online gambling for players who enjoy high stakes. Evolution Gaming is the pioneer of live dealer games streamed live in 4k resolution to a member’s browser or casino app.

Live dealer casino games like classic baccarat, blackjack, craps, and roulette offer players an authentic Vegas-style experience with a professional dealer or croupier. Members who especially enjoy fast payout casinos appreciate the real-time transparency of the results.

Slots

Because slot games are the bulk of online casino gaming, it makes sense that an instant withdrawal casino like BetRivers features a bounty of free spins and other welcome bonuses. Online slots also feature the most bonuses for online casinos and are number one among casino games for instant withdrawals.

Instant payout casinos are responsible for having diverse slots, especially progressive jackpots like Divine Fortune and Megaway titles like Gonzo’s Quest, to attract members to invest at their fast payout casino and build multi-million dollar jackpots.

Online Casino Security

Even if a site qualifies as a fast withdrawal casino, it’s important to note that they are legally obligated by their state gaming commission to provide a secure online gambling experience for their members. When you take into consideration the trillions in damages and crippling data breaches caused by cybercriminals, fast payout online casinos involve different encryption measures.

The best online casinos, including any legal fast paying online casino, offer several encryption layers, but at a minimum, they use a robust SSL certificate as the base for cybersecurity. Casino sites typically use multi-factor authentication to verify log-ins for instant withdrawal, especially for selecting payment methods.

In contrast, other fast payout online casinos work behind several firewalls. Any licensed online casino details its security measures on the privacy policy page.

Responsible Gaming Initiatives

If you live somewhere that allows access to an instant payout casino, it is important to acknowledge the risk factors of gambling. When you factor in top-notch welcome bonuses, daily free spins, instant payment methods, and lavish table game tournaments, it is easy to develop an out-of-control gambling addiction. Fortunately, the best licensed online casinos offer a devoted, responsible gambling section to help curb compulsive gambling.

Besides offering a hassle-free gaming experience, the best online casinos offer members the chance to self-impose playing and loss-limit sessions for online casino gaming. Most responsible gaming sections also permit players to set up cool-off periods where they can’t access their accounts (including online gaming) until the period ends.

For those who need professional help or believe their online gambling has gotten extremely out of control, please consider these highly reputable national organizations listed below.

• National Council on Problem Gambling
• Gamblers Anonymous
• Lanie’s Hope
• Gam-Anon

Besides reputable national non-profit organizations, many online casinos in regulated states like Pennsylvania and Michigan, for example, have local and state resources for their members to get help with online gambling addiction. These online casinos list them in their responsible gaming sections.

Frequently Asked Questions About The Top 5 Fast Withdrawal Online Casinos

Below, we’ve compiled common questions and answers about the best fast withdrawal online casinos. Read on to learn more about maximizing both the payout speed and payment methods at any reputable fast payout online casino.

Which payment methods offer the fastest cashouts at online casinos?

While bank transfers or credit cards aren’t usually used for expedited payment methods, fast payout casino sites usually rely on sites like PayPal to get users their money as quickly as possible.

What casinos offer under 1-hour withdrawals?

FanDuel Casino ranks as one of the best fast-payout casinos, with members receiving winnings in under an hour.

Do deposits and withdrawals have to use the same method?

Usually, fast withdrawal casino sites require members to use the same deposit method for instant payouts or to withdraw money on the same day. However, other online casinos might be relaxed on this rule. For regular withdrawals, most online casinos, including instant withdrawal casinos, permit their members to choose a withdrawal method different from the initial deposit.

Do online casinos charge extra fees for instant withdrawals?

A good online casino has secure transactions and doesn’t impose withdrawal fees for instant withdrawals, including winnings from welcome bonuses. Not all online casinos or instant withdrawal casino sites feel obligated to charge additional fees, but some do.

What factors contribute to the speed of withdrawals in online casinos?

The fastest payout casinos consider when the withdrawal request was sent, the amount, and the deposit/withdrawal method. It’s wise not to use bank transfers as an instant payout method because they slow down the withdrawal process. If winnings come directly from deposit bonuses, free spins, or a welcome bonus, a reputable fast withdrawal online casino must first verify whether the wagering/playthrough requirements are met or any violations are committed.

Bear in mind that online casinos, including even the fastest payout casino, must report substantial winnings to the IRS and withhold between 24% and 28%, regardless of withdrawal limits. This slows down the payout speed of any fast payout casino.