Instant payout casinos, otherwise known as instant withdrawal casinos, are very attractive for online casino players. When looking for an online casino to play at, players take many areas into account, including software, games, licensing, security and customer service. One of the areas that customers take the most seriously, is withdrawal or payout speed.
What are Instant Payout Casinos?
As the name implies, instant payout casinos are casinos that process and pay out withdrawals instantly- without delay. These are the most reminiscent of land-based casinos where you can simply go to the cashier window and cash in your chips. The most common delay or withdrawals is the waiting period that is typically imposed by the casino operator. This waiting period is commonly 24-48 hours. The casinos find that if a player runs out of funds and they have a withdrawal pending, they are more likely to reverse the withdrawal and spend the funds. Casinos are therefore reluctant to allow instant withdrawals. There are some casinos however that do offer instant withdrawals.
Finding an Instant Payout Casino
It is possible to find instant payout casinos and due to the fact that they are not common, they typically advertise themselves as instant payout casinos. If you join an instant payout casino, you will always be able to withdraw your funds instantly, provided you use an e-wallet such as NETeller, Moneybookers or Click2Pay to do so. This is unfortunate for US players as these payment options do not accept US customers any longer. US players would have to find an e-wallet that is available to them, as well as a US-friendly casino that offers instant withdrawals.
Instant Payouts at Other Casinos
It is possible to become eligible for instant payouts at regular casinos. Many online casinos that run VIP programs will offer faster payouts or instant payouts for customers at higher levels of the VIP program. This means that in order to become eligible for fast payouts and for the casino you are playing at to act like an instant payout casino for you, you can play more to earn more VIP points so that you climb up the VIP ladder and become eligible for the perk of instant payouts. Unfortunately, this scenario is only available for players who have a large enough bankroll to support climbing the VIP ladder.
Advantages to Playing at Instant Play Casinos
There are many advantages to playing at an instant play casino. First and foremost, in this day and age particularly, we all want what is due to us as quickly as possible. This especially applies to our money. Being able to withdraw your money instantly provides less risk to your funds. You will not be tempted to spend what is in the casino and there will be no risk of losing funds from the casino shutting down or from the casino being hacked into. In addition, you can withdraw however much you want, provided it is above the casino's minimum withdrawal amount. Instant payout casinos provide extra convenience and security.