It’s easy to see why fast-paying casinos attract a lot of clients; many of them become very devoted to the brand. You should expect your winnings from an online casino to be transferred to your bank account or electronic wallet as quickly as possible. After all, if you’ve won the money legally, there’s no need for it to take long.
Our Top Picks in Casinos
We’ve considered a number of criteria and narrowed our list down to three platforms that are safe and keep your data secure. They are the fastest payout online casinos in Canada as long as you choose the right payment method.
Leon
Leon Casino is licensed by Curacao. There are certain payment methods that can be used for deposits but not for withdrawals. For the fastest payouts, we advise you to use the MuchBetter eWallet or any of the crypto options. The remaining methods, Interac eTransfer, and eCashout, can take up to three working days to process.
Twin
Make a small deposit of 20 CAD to get started at Twin Casino. Like Leon, the MuchBetter eWallet and crypto are the only quick payout options. Interac, eTransfer, and eCashouts take up to three working days, so make your choice with caution.
LeoVegas
At LeoVegas, you get 1,000 CAD and 100 free spins to use on eligible slots as a welcome bonus. MuchBetter is your only chance at a fast payout. Crypto payments aren’t an option here, but the casino checks all the other green flags!
How Payouts Work
When you win money at a casino, you can get it sent to your bank account or digital wallet. This is called a “payout.” Here’s how it generally happens.
- Requesting a Withdrawal: If you have sufficient funds in your account, head over to your profile and request that your money be transferred to your bank account. Most casinos prefer you to make your first withdrawal using the same account you used to make your deposit. This is to cross-verify users and prevent fraud or money laundering.
- Processing Time: The casino’s internal auditing team will then process your withdrawal request. How long this process takes is dependent on a number of factors, including the amount, the payment method, and whether you’ve completed the KYC process.
- Verification: If you haven’t finished the KYC process, you need to do so now. This is a standard procedure to prevent fraud and ensure that funds go to the correct individuals. Documents like a government-issued ID, proof of address, or payment method verification are to be submitted.
You will receive the funds through your chosen method once your withdrawal has been processed and verified. The method you choose determines how much time it takes for you to receive your money. Bank transfers could take a few days, e-wallets are typically very fast, and crypto payments are processed instantly in most cases.
How to Choose a Casino with a High Payout Percentage
The payout rate and speed are two important factors to consider when evaluating the highest paying online casino. To facilitate quick payout delivery, reputable casinos openly indicate anticipated payout rates and timelines and collaborate closely with payment partners. Earnings from gameplay should be balanced with the convenience, safety, and timeliness of withdrawals.
Types of Quick Payouts
The best paying online casino in Canada could make you feel like you’re in a high-stakes playoff game. There are typically three distinct types of online casinos that fall under this category, distinguished by the time it takes to receive payouts.
- Instant payments: As the name suggests, you won’t have to wait at all for the funds to appear in your account after you make a withdrawal request. Transfers are instant.
- Payouts in less than an hour: The payout times of these casinos are still rather fast, but they aren’t as quick as the ones in the preceding group. However, a 60-minute payout transaction is still swift enough for players to get their funds in a timely manner.
- Same-day payouts: Casinos that pay out winnings the very same day are perfect for players who don’t have access to instant payouts but still want to get their money quickly.
With these platforms, you can rest easy knowing that your money will be in your bank account within a day.
Advice for Accelerating Your Payouts at the Best Paying Online Casinos in Ontario
Make sure your payout reaches your account quickly to minimise the stress of waiting for your money. If you want your withdrawal to be processed more quickly, follow these tried-and-true steps.
- Account verification: Finish the verification process as soon as you sign up. A legitimate form of identification and proof of residence is usually required for this, which nips any future payout hassles in the bud.
- Use an e-wallet: Choose a well-known e-wallet with a lightning-fast processing time, such as Skrill or Neteller.
- Recognize the withdrawal policies: Know the casino’s withdrawal policies. Withdrawal limitations, both minimum and maximum, are frequently set by casinos.
- Play often: Loyal players usually get their money faster. If you play consistently, you have the chance to reach VIP status, where rewards are prioritized.
- Withdraw less often: It’s generally quicker to make a large withdrawal less often than a series of smaller ones. This way, the internal auditing team prioritizes your payments.
Yet another lesser-known way to get quick or instant payouts is to use cryptocurrencies. Since these are based on a decentralised blockchain, they are not only quick but also safe.
The best online casino goes beyond games, perks, bonuses, and promotions. Canadian players value fast, trustworthy payouts. Knowing how payouts work and what to anticipate from fast-paying casinos will guarantee you get your winnings quickly.