Withdrawal of funds is one of the most worrying issues of a gambler. Every casino has rules of payouts, which players often do not carefully study, which leads to unsuccessful or canceled payments. And some casinos deliberately delay payouts.

Let’s look at the factors that affect withdrawals at online casinos and what you can do to get your casino payout faster.

Quick reference: A pending withdrawal is a withdrawal that remains in a “pending” status for a day or two after the player has submitted a withdrawal request. This means that the casino administration has received the withdrawal request, but has not yet approved it. During this time, the funds remain on the player’s account balance and there is an opportunity to cancel the withdrawal if necessary.

How Long Do Online Casino Withdrawals Take

Withdrawal of funds depends on the casino and the type of payment system. The processing of a casino withdrawal request may depend on the amount of funds that the player withdraws, as well as the casino’s rules on payments. Sometimes it can take from one day to several months. And the main payment system payout deadlines are listed below:

E-wallets: Ecopayz, Skrill, Neteller and PayPal offer instant transactions, and is often 1-2 minutes. But for your first withdrawal, the transaction can take up to seven days to process as the e-wallet confirms your identity for verification.
Mastercard, Visa and wire transfers offer transaction turnaround times of 3 to 7 business days.
Check payments depend on banks for withdrawals. It is important to know that check delivery takes a long time, seven days or even a month, and after receiving the check, you need to visit the bank to cash it.
Cryptocurrency withdrawals can be made within minutes to hours.

Why Withdrawals Last Long at Online Casinos

The following factors will determine how long your withdrawal will last:

Player status. High rollers have personal managers and have to wait for less than regular players.
The security software the casino uses.
Your location.
The terms and conditions.

The first withdrawal you make at an online casino will always take longer than the ones you make after, a common occurrence the first time you make a withdrawal. Your identity must be verified first, a process that requires a significant amount of time. Good casinos will always prepare new players in advance by warning them about the process.

Some casinos will have rules to determine how long withdrawals will take depending on how much you have won. The smaller the amount won, the faster the payout will be. For example, a small amount like $100 will be instant, while an amount like $1000 will take between 1 and 2 weeks to complete.

Note: The casino usually uses the time to gather the funds needed and verify player information. Sometimes it is done to keep you on the platform because as you wait for processing, you may deposit more money and play more games. Eventually, you will lose some of the money you deposit during that time. So when you realize the platform has not approved your withdrawal for a couple of days, they are trying to keep you playing.

The Difference Between Processing and Processed Withdrawals

Payers often do not know the difference between “processing and “processed” when making withdrawals. A “processing” status means that the gambling operator has approved your withdrawal request. Rules require that it takes between 30 minutes and 24 days for the operator to process the request and validate your payment information. Once the casino operator is sure everything is fine, the amount you have specified to withdraw deducts from your account balance. Remember, it only means that the casino has approved your request, and the money may not have made it to your digital wallet or bank account.

The “processed” status indicates your withdrawal request’s completion. The money will be reflected in your bank account when you see the status. In most cases, the status will take at least 24 hours to move from “processing” to “processed.” Casinos will also have further information on the timeframes in the terms and conditions or cashier section.

How To Speed Up Your Withdrawal

There is no way you can speed up the withdrawal time, but there are some things you can do to make a difference. Here is how:

Withdraw small amounts because they will always be handled first.
Choose the most appropriate withdrawal method, as e-wallets will take less time than bank cards.

Remember that even if you choose a faster payment method, delays may still be unavoidable.

Final Thoughts

Long withdrawal times can be the difference between a popular and a non-popular online casino. While you do not have much control over how long your withdrawal request takes. Always check the terms and conditions to know what to expect.