Compare the fastest payout online casinos in Canada for 2024 below, and which payment methods have the quickest withdrawal times.
A fast payout casino is an online casino that allows players to withdraw money quickly or even instantly.
Several factors affect the speed of a payout, including:
Many online casinos do have a processing time for withdrawals, which can be in place for several reasons, including identity verification to prevent fraud. This processing time varies from one casino to another.
It can be anywhere from a few hours to several business days, depending on the casino's policies and the withdrawal method chosen by the player.
It is common for an online casino to perform a KYC check before a user can withdraw their winnings.
A KYC check, or Know Your Customer check, involves validating a person’s identity. Banks and investment websites also use this type of identity verification.
There are many options when it comes to cash-out methods. However, the method you choose to use will greatly impact your withdrawal time.
For a quick withdrawal, you’ll need to use a fast payout method.
Many great online casinos are legal and safe for Canadians. However, not all online casinos are quick withdrawal casinos.
Here is a list of the best online casinos with the fastest payout in Canada:
Processing time: Instant to 1 hour
Processing time: Instant to 5 days
Processing time: Up to 24 hours
Processing time: Up to 24 hours
Processing time: Within 24 hours
Processing time: Within 24 hours
Processing time: 1-6 banking days
Processing time: 1 hour
Processing time:12 hours - 48 hours
Processing time: Maximum 24 hours
PokerStars Casino is known for its quick payouts, making it a top player choice.
They process withdrawals immediately for many methods like Instant eChecks, Skrill, MuchBetter, INSTADEBIT, and PayPal. If you use Interac, it only takes 1 hour, and Direct Bank Transfers are done within a day.
Regarding getting your money, it's super quick - minutes for most methods and, at most, 3-10 business days for eChecks and bank transfers.
Pros
Cons
CasinoFriday is great for players who want their winnings fast. It offers a mix of withdrawal methods to suit everyone.
If you use a bank transfer or Interac, it'll take 1-5 days. If you're looking for instant access to your winnings, Instadebit, iDebit, Jeton, and Mifinity are your best bets, as they work right away.
This mix of old-school and modern methods makes CasinoFriday a top pick for players looking for both quick and safe ways to get their money.
Pros
Cons
Rizk Casino makes getting your winnings fast and simple with several no-fee withdrawal options.
Instant methods include Interac, LuxonPay, and MuchBetter, letting you access your money immediately. If you use a MasterCard or Visa, expect a short wait of 1-3 days. Bank transfers take a bit longer, ranging from 2-5 days, but they allow for larger withdrawals of up to $200,000.
The processing time for withdrawals can take up to 24 hours. After processing, Neteller and Skrill offer quick access within 15 minutes to 24 hours, and Trustly provides immediate payouts to most major banks, with a slight delay for others.
Pros
Cons
Like the other casinos on this list, Betsafe is also one of the fastest online casinos in Canada.
After waiting up to 24 hours for them to check your withdrawal, you can get your money in different ways. If you use a bank transfer, it can take 2 to 7 days. Using a Visa card takes 2 to 5 days.
But if you want your money immediately, Neteller and Skrill work instantly.
Pros
Cons
Casino Days processes withdrawal requests quickly, within 24 hours. After processing, the funds take 3-5 banking days to reach your account, depending on your chosen withdrawal method.
This efficient system highlights Casino Days' commitment to providing fast and reliable service. It is a great option for players who appreciate quick access to their funds with minimal waiting time.
Pros
Cons
LeoVegas aims to get your winnings to you as quickly as possible. When you request a withdrawal, it's processed by their payments team within 24 hours on average. If it takes longer, you're encouraged to get in touch with them to check on the status.
Once your withdrawal is approved and sent, it can take up to 5 working days for the funds to reach you, depending on your chosen payment method.
Pros
Cons
MrPlay Casino offers a wide range of withdrawal times to accommodate different preferences and needs.
For those using Credit/Debit Cards, withdrawals can be instant but might take up to 6 days. Wire Transfers and Interac e-Transfers have a similar timeframe of 2 to 6 days. If you prefer e-wallets like Neteller, Skrill, PayPal, or MuchBetter, you're in luck, as withdrawals can be instant or take up to 2 days.
Pros
Cons
Novibet Casino stands out for its incredibly fast withdrawal times, especially for players using Interac Instant for bank transfers. Typically, Novibet processes these withdrawals within just 1 hour.
Pros
Cons
Tonybet Casino offers a streamlined withdrawal process tailored to meet the needs of all players. For e-wallet users, Tonybet shines with its rapid processing, ensuring withdrawals are handled within just 12 hours, leading to instant transfer times.
For other withdrawal methods, Tonybet commits to processing requests within 48 hours, with the transfer of funds taking up to 7 business days.
Pros
Cons
JustSpin Casino ensures a smooth and efficient withdrawal process designed to get your winnings to you without unnecessary delay. Once you initiate a withdrawal, JustSpin commits to processing it within a maximum of 24 hours.
After processing, the transfer of funds to your bank account will take between 1 to 5 business days, depending on your bank's policies.
Pros
Cons
The top three fastest payout methods for Canadians include:
e-Wallets are one of the fastest payout methods. They can be found on numerous quick withdrawal casinos in Canada.
e-Wallets allow users to transfer money from their bank account into an account online. The funds can then be used to make secure money transfers online.
There are several different e-Wallets that Canadians can use on online casinos. These include:
Banking portals like iDebit, INSTADEBIT and Trustly are banking catalysts. This means they can connect your bank account to your online casino account through their platform.
These payment methods are trustworthy and reliable. Using these withdrawal methods will also help you receive your payout quickly.
An Interac E-Transfer, or electronic funds transfer, allows users to move money directly between their personal bank account and an online casino account.
This is a safe and secure money transfer method and can be found in many fast withdrawal casinos.
Payment Method | Estimated transaction time |
---|---|
Skrill | Instant to 2 days |
MuchBetter | Instant to 2 days |
ecoPayz | Instant to 2 days |
INSTADEBIT | Instant to 2 days |
Canadian online casinos recognize that players want to see their winnings quickly. Therefore, they aim to provide the fastest payouts possible.
Online casinos can also be boycotted or blacklisted if they have longer than usual payout times. Generally, 1 to 5 business days is an appropriate withdrawal time. Anything above that can be bad for business.
It’s important to note that some withdrawal methods (e.g. money transfers) cannot be processed on weekends. Be sure to take this into account when waiting for a payout.
Thomas is responsible for all content on BettingGuide Canada. With his extensive knowledge of the gambling industry and college degree in law, he knows what you should look out for when choosing the best casino or sportsbook.