Withdrawals are one of the most conflicting online casino features. A feature that drives players to look for gambling sites with faster cash-outs. Every casino has payout rules which players often tend not to go through carefully, resulting in failed or canceled payments.

More often than not, the customer is not always to blame, as some casinos intentionally delay payments. Let’s look at the factors that affect withdrawals at online casinos and what you can do to get your casino payout faster.

What is Pending Payment

Once a player makes a withdrawal request, a pending message will appear while the cashout is still incomplete. It means that the casino administration has received the withdrawal request but has not approved it yet. During the pending period, the money remains in your account balance, and you can only wait for the withdrawal request to be approved. 

How Long Do Online Casino Withdrawals Take

Withdrawal requests are processed based on the kind of application submitted to the casino administration. It may take a few hours, days, or even weeks, based on several factors. Different payment options have varying payment times. Here are some of the common payment times:

• E-wallets. They include Ecopayz, Skrill, Neteller, and PayPal. Gamblers often prefer E-wallets over other payment methods because of their quick transaction times, often between 1 and 2 minutes. The drawback is when making withdrawals for the first time, where the transaction may take up to seven days to be processed as the E-wallet confirms your identity for verification.
• Mastercard, bank transfers, and Visa. These payment methods often take between 3 to 7 working days.
• Check payments. Checks rely on banks to make withdrawals and have one con. Making withdrawals lasts a long and takes seven days or even up to a month for the check to be delivered, and once you receive it, you will have to visit a bank to cash it out.

Why Withdrawals Last Long at Online Casinos

The following factors will determine how long your withdrawal will last:

• Player status. High rollers have personal managers and have to wait for less than regular players.
• The security software the casino uses.
• Your location.
• The terms and conditions.

The first withdrawal you make at an online casino will always take longer than the ones you make after, a common occurrence the first time you make a withdrawal. Your identity must be verified first, a process that requires a significant amount of time. Good casinos will always prepare new players in advance by warning them about the process.

Some casinos will have rules to determine how long withdrawals will take depending on how much you have won. The smaller the amount won, the faster the payout will be. For example, a small amount like $100 will be instant, while an amount like $1000 will take between 1 and 2 weeks to complete. 

The casino usually uses the time to gather the funds needed and verify player information. Sometimes it is done to keep you on the platform because as you wait for processing, you may deposit more money and play more games. Eventually, you will lose some of the money you deposit during that time. So when you realize the platform has not approved your withdrawal for a couple of days, they are trying to keep you playing.

The Difference Between Processing and Processed Withdrawals

Payers often do not know the difference between “processing and “processed” when making withdrawals. A “processing” status means that the gambling operator has approved your withdrawal request. Rules require that it takes between 30 minutes and 24 days for the operator to process the request and validate your payment information. Once the casino operator is sure everything is fine, the amount you have specified to withdraw deducts from your account balance. Remember, it only means that the casino has approved your request, and the money may not have made it to your digital wallet or bank account.

The “processed” status indicates your withdrawal request’s completion. The money will be reflected in your bank account when you see the status. In most cases, the status will take at least 24 hours to move from “processing” to “processed.” Casinos will also have further information on the timeframes in the terms and conditions or cashier section.

How To Speed Up Your Withdrawal

There is no way you can speed up the withdrawal time, but there are some things you can do to make a difference. Here is how:

• Withdraw small amounts because they will always be handled first.
• Choose the most appropriate withdrawal method, as e-wallets will take less time than bank cards.

Remember that even if you choose a faster payment method, delays may still be unavoidable.

Final Thoughts

Long withdrawal times can be the difference between a popular and a non-popular online casino. While you do not have much control over how long your withdrawal request takes. Always check the terms and conditions to know what to expect.