The online casino industry has come a long way in the last few years. Due to the combination of factors like a more widespread reach of modern tech as well as the need to spend more time at home due to the pandemic, more people than ever before are now playing casino games on their gadgets.
For many of them it is the amount of games and features that matter when choosing the best place to gamble on. However, there is a far more pressing matter that gamblers are concerned with. The most important thing for an average online casino enthusiast, without a doubt, is whether or not they can safely and optimally finance their gambling and withdraw their winnings.
While depositing money to gamble with is more important for the casino itself than the player, the amount the player wins and that has to be withdrawn is far more precious to them. It is therefore natural that casino players do not want any issues with their withdrawal methods.
The way you pick up your winnings from the online casino needs to be safe and optimal, but most of all it needs to be fast. Money is something we all need every day of our lives and having to wait for a transfer to complete before we can use it can set us back and cause problems we did not account for.
In this article we will talk about the fastest ways to withdraw the money you have managed to win from your favorite online casino. There are multiple ways in which you can do this and they come with their advantages and shortcomings. It matters how you do it because you do not want to wait longer than necessary to get the prize money and spend it elsewhere. Keep on reading to learn more and be sure to check out www.australianonlinecasinosites.com for some of the best online casinos Australia has to offer.
Credit and Debit Cards
The bread and butter of any online transaction no matter what you are doing and on what service you are doing it are still credit and debit cards. Everyone has them, people use them during their regular shopping chores, and they are a familiar payment tool.
The information you need to put in is easy and you probably know it by heart already. The security is high and the fees are either absent or they are quite low. For casino withdrawals, as well as deposits, using one of your cards is the easiest way of doing things.
When it comes to how fast this method is, it depends on your carrier and the practices of the casino. Usually, it takes about three business days but many casinos do it sooner. If you manage to do it before the weekend comes, you will be fine and there will not be any prolonged waiting times.
Cryptocurrency
The newest way of withdrawing as well as depositing money on online casinos are digital currencies. Bitcoin, Litecoin, and the rest of the tokens that are nowadays in circulation are a legitimate way for gamblers to finance their casino game sessions and to pull out the money they have won.
In terms of speed and security, there is nothing that can match cryptos. The transactions are safe and very fast and there is practically no way things can go wrong there. Regarding the fees, the situation is even better than with cards.
Cryptocurrencies are famous for their low fees that exist simply to “keep the lights on” as the saying goes. The downside however is the highly volatile nature of the tokens since they can suddenly drop or skyrocket in value. In some cases this can benefit you, but it will more likely hurt you. You may get less money that you would have on a different day due to the sudden changes in value.
Internet Payment Services
One of the most widespread ways through which people do anything money related on the web is an internet payment service. Older examples that are still going hard include PayPal and Skrill, while more modern novelty services by larger corporations including Amazon Pay, Google Pay, Samsung Pay, and Apple Pay are also viable.
They make use of various technologies at once. You may require a card, or you can do it through your smart mobile device. Touch ID sensors, fingerprint scanners, and facial recognition are the security options present in most of the modern varieties. The fees can be a bit too high, especially with PayPal, but this has always been the case with internet payment services.
The transfer is quite fast though, almost instant in certain scenarios. Each of these solutions has hundreds of millions of users around the world and they are all viable options, provided of course that the casino you chose supports them and offers them. Visit here to learn about some of the best casinos available in the UK.
Bank Transfers
If you can, you should seriously consider skipping this step for multiple reasons. First of all, direct bank transfers always need a lot of paperwork before they can be completed. In addition, you may need to physically go to your bank’s local office for some reason.
Next up, you should remember that banks and gambling do not always mix well and you may be questioned about the intent of your transfers especially if they are larger. For the purposes of this article though where the question is mostly about the speed of the withdrawals, we must mention that this is the absolutely slowest method out there that can take days to complete in the best case scenario.
The fee will also be higher than any other form of withdrawal discussed above. Therefore, only use direct bank transfers out of the absolute necessity like when everything else fails.
Physical Withdrawal
Last but not least, we are going as old-school as we can. You can actually still walk down to the physical, real-world office of your favorite online casino (if they have one of course) and make a deposit or a withdrawal in person.
This is good if you live close to it, if you like walking, and if you need immediate cash. However, most people do not fall under these categories. It is still an option though and when it comes to speed, you will basically get the money in a few minutes after you enter the premises.
