Cashing out at any online casino is something that you should look forward to, and not necessarily the case.
Putting money into your account is usually quick, but sometimes it could take a while when it comes to withdrawing money, depending on your payment mode with regard to the amount you are withdrawing and the site you are playing.
In this guide, we will show how withdrawal times work in reality, which factors influence them, and how to keep yourself out of the unnecessary time spent waiting.
What Affects Casino Withdrawal Times?
A few core things determine how long it takes to get your winnings.
1. Payment Method Used
Each payment method has its own speed and processing rules.
E-wallets like PayPal, Skrill, and Neteller are among the fastest. Withdrawals can hit your account in minutes to a few hours once approved.
Cryptocurrency withdrawals (Bitcoin, Ethereum, etc.) are also fast, usually completed within 1–12 hours, depending on network traffic.
Bank transfers and credit/debit card payouts take longer – 1 to 5 business days is common. Some banks may hold the funds for review, especially for larger amounts.
Pro tip: If speed matters, stick with wallets or crypto for faster access to your winnings.
2. Internal Processing Times
Before the money even gets sent, casinos have to approve your withdrawal.
This stage can take anywhere from a few hours to 72 hours, depending on the casino’s policies.
Some sites offer instant or same-day approvals, while others take longer, especially during weekends or holidays.
3. Account Verification
If you haven’t verified your account yet, expect delays.
Casinos are legally required to ask for ID, proof of address, and sometimes banking or crypto wallet proof before large withdrawals. This is part of anti-fraud and anti-money laundering checks.
You’ll usually only need to do this once, but make sure your documents are clear and up to date to avoid issues.
How to Speed Up Withdrawals
Not all delays are avoidable – but there are ways to cut down the wait.
1. Complete KYC Before You Withdraw
“KYC” stands for Know Your Customer. Submitting your documents early means the casino won’t hold up your payout later. Upload:
- A photo ID (passport, driver’s license)
- Proof of address (utility bill, bank statement)
- Payment method verification if needed (photo of card or wallet screen)
Tip: Upload your documents right after registration to stay ahead.
2. Choose the Right Payment Option
Not all withdrawal methods are created equal.
If you want your money fast, pick instant methods like:
- Skrill or Neteller – Fast and widely accepted
- Interac e-Transfer (for Canadian players) – Secure and same-day
- Crypto wallets – Great for speed and privacy
Avoid traditional bank transfers unless you’re okay waiting a few days.
3. Look for Weekend Payouts
Some casinos only process payments on weekdays. Others offer weekend withdrawals or even 24/7 payment processing. It’s worth checking the cashier or terms page to see if you’ll be waiting longer on Friday nights.
Withdrawal Limits and Pending Periods
Even if you win big, you might not be able to take it all out at once.
Daily, Weekly, and Monthly Limits
Casinos usually set maximum withdrawal limits. These vary by site and your VIP status. For example:
- Standard players: $2,000–$5,000 per week
- VIP players: $10,000+ per week or even unlimited
Read the terms before playing so you’re not surprised by capped payouts.
The Pending Time Trick
Some casinos have a “pending period,” where your withdrawal sits in limbo for 24–48 hours. During this time, you can reverse it and put it back into your casino balance – tempting if you’re not careful.
If you see this feature, avoid using it unless you’re sure. It’s a psychological tactic to keep you playing.
What Are Instant Withdrawal Casinos?
Instant withdrawal casinos skip the long approval windows and release your funds as soon as possible – sometimes within minutes.
They usually:
- Offer automated verification tools
- Use real-time payment methods
- Don’t delay withdrawals on purpose
Sites like SquarePegTours are a good place to discover fast withdrawal casino Canada options.
These casinos prioritize speed, transparency, and player convenience – especially important for players who want hassle-free cashouts.
Tips for Choosing a Casino With Fast Withdrawals
Here’s what to look for when picking a site that won’t hold your money hostage.
1. Look at Their Withdrawal Policy
The terms and conditions of payouts should be read at all times. Look for:
- Turn around times (hopefully within the same day)
- Unambiguous limits observed on a daily or weekly basis
- Subsidized modes of payment
- When is KYC (pre or post-initial withdrawal?)
2. Player Reviews
The Reddit, Trustpilot, or forums of the players. The actual withdrawal time can really be shown through real feedback of users and not the time on the site you claim.
3. Small Withdrawal Test
Once you have won once, make a small cash out. This allows you:
- Look at how quick the site really pays
- Take the verification procedure
- Check on the red flags prior to pulling off larger volumes
Final Thoughts
It is beneficial to comprehend the mechanism of withdrawal times in online casinos and avoid spending time waiting and being frustrated.
It may be as simple as picking a quick way to pay, checking your account ahead of time, and always using familiar sites such as those found in SquarePegTours.
You have better control of your money than you might believe.