How to speed up withdrawals at Canadian online casinos

A fast, or instant, withdrawal speed is one of the most important factors to consider when weighing up which online casino to start playing at.

There’s nothing more frustrating than having to wait several days to collect your winnings, and having them land in your account in a couple of clicks, or after only a short processing time, helps build trust and confidence with the site.

For some casinos, their instant withdrawals are one of their USPs and this usually also serves as a strong indicator that the site will support various new payment methods, such as e-wallets and crypto, which are usually faster than bank transfers. On that note, there are also measures you can take to ensure the smoothest and most hassle-free withdrawal process as possible. 

Get your account verified

It may sound obvious but ensuring you’ve completed all the registration steps upon setting up an account at fast withdrawal casinos is vitally important. Because you’ll be placing bets remotely, and could be playing on the go, the casino needs to ensure everything is above board and legal.

While online casino gaming is available everywhere in Canada, it’s illegal in many US states should you travel south of the border. Therefore, it’s best to complete any and all transactions into and out of your account before going on a trip.

Any and all details and documents to confirm you really are who you say you are will prevent anything from blocking your withdrawals later down the line. Thorough onboarding should be regarded as a good thing as this is likely a sign of the operator’s KYC process (or Know Your Customer) which acts to safeguard users against data breaches.

Use new school payment methods

Use of e-wallets, or electronic wallets, has skyrocketed with the advancement of Apple and Android smart devices. We now see people everywhere paying their tab in a bar or restaurant by holding their phone, or even watch, up to a card machine. Like a normal debit or credit card, however, the e-wallets being used here can also receive money and hold a balance. 

Not only are they convenient, though, but they are also known for fast and secure transactions – which makes them a preferred option among many casino gamers. Most of the market-leading options will require you to set up a passcode and/or face or touch recognition to ensure your account doesn’t land in the wrong hands.

Furthermore, adding an e-wallet as the payment method to your casino account means you won’t need to share card or bank details with the casino, as they’re all stored in the e-wallet instead.

Cryptocurrencies are another option to withdraw funds without needing to bank transfer. Be sure to read up on the gaming site’s T&Cs though. Some casinos will allow you to deposit, withdraw, and perhaps even wager, in crypto, while others will require you to convert funds into a traditional, fiat, currency – which may slow things down slightly.

Time your withdrawals

While online casinos are never not busy and never not processing millions of transactions at any one time, there are certainly peak times when the volume of withdrawal requests is even higher than usual.

A typical weekday is likely to be quieter than a weekend, but also bear holiday periods in mind and occasions when the site is running special promotions, as these are known to attract existing customers and first time depositors alike.

Commercial content notice: Taking one of the casino offers featured in this article may result in a payment to talkSPORT. 19+. T&Cs apply. Responsible Gambling Council

Remember to gamble responsibly

A responsible gambler is someone who:

• Establishes time and monetary limits before playing
• Only gambles with money they can afford to lose
• Never chase their losses
• Doesn’t gamble if they’re upset, angry or depressed
• Responsible Gambling Council – https://www.responsiblegambling.org/

Gamblers Anonymous – Discover resources and support for individuals facing gambling addiction. This dedicated support group offers valuable advice and a safe space to share personal experiences. – 📞 Contact: +1 (855) 222-5542

Gam-Anon – A 12-step self-help fellowship designed for those impacted by a loved one’s gambling struggles. Non-religious and open to all across Canada, Gam-Anon provides a welcoming community for voluntary members seeking support. – 📞 Contact: 718-352-167

For help with a gambling problem, call the Centre for Addiction and Mental Health on 1 800 463-2338.