When playing at online casinos, many players choose a casino based on the best online casino withdrawal times. This is only natural since every player wants to get their hard-earned winnings as fast as possible.
But finding operators with the best casino withdrawal times is not an easy task, especially for players coming from the US.
Ever since the passing of the UIGEA act US players have a hard time when it comes to playing at online casinos.
All of the leading software providers in the world no longer accept players coming from US territory. This also means that access to the best casinos in the world is also banned.
But the biggest blow to US players was the fact that most of the e-wallets which offer instant transactions also banned US players from using their services.
In return, this means that the choice of payment methods across online casinos which accept US players is also slashed to a minimum.
So what do all these factors mean for US players?
How Software Providers Affect Casino Withdrawal Times
The UIGEA act left only a handful of software providers which allow players from the US to access their games. The leaders in this market are Rival Powered, Betsoft Gaming, Pragmatic Play (Top Game), BetOnSoft (Saucify) and WGS Technology.
The small number of software providers resulted in a big number of online casinos which are powered only by a single provider.
It seems that US players like to play at online casinos which are powered by a single software company, as opposed to European players which like to try games from several software providers. This leads to a smaller number of casino games at a single operator, but on the other hand, US players can easily choose at which casino to play at based on the provider which powers the casino.
What Payment Methods Can You Use to Deposit Funds
For every online player, the best casino withdrawal times are instant payouts.
Many leading operators in the industry offer instant payouts if you withdraw your winnings by using e-wallets. This means that it will only take a few minutes for your winnings to arrive on your account. But when it comes to US players this is not the case.
You see, most of the leading US online casinos allow players to withdraw their winnings by using Bank Transfer of Checks. Withdrawals to e-wallets like Neteller and Skrill are not possible, while withdrawals to credit and debit cards are also excluded. As you already must know Bank Transfer and Checks are the longest payout methods, so it can take weeks or even months before you actually receive your winnings.
Bitcoin Instant Payouts
One bright light in this situation is using cryptocurrencies when playing at online casinos. US online casinos have fully embraced this trend and many of them allow US players to use Bitcoins for deposits and withdrawals at the casino.
In return, many of the casinos offer fast payouts to Bitcoin. At some casinos, the waiting is reduced to only a few hours, which can be considered as an instant payout.
This is why many US players are turning to Bitcoin as a deposit and withdrawal method at online casinos.
Pending Period Payout
When we talk about the best casino withdrawal times you have to take one crucial factor into consideration.
The withdrawal payout is only as fast as the pending period. The pending period is the amount of time your funds remain pending on your account when you make a withdrawal request.
At this time you can easily reverse your winnings and play again or you can wait for the pending period to be over and your withdrawal to be processed.
So, in reality, the speed of the payout is dictated by the pending period of the casino. Some online casino can promote a payout of 48 to 72 hours.
But if you take a look at the pending period it can be anywhere from 24 hours to 20 days. So before you decide to play at a casino always make sure to check the pending period and see exactly how long it will take for your withdrawal to be processed.
First Withdrawal Documentation – Get it Right!
Yes, every experienced player will tell you this is the case. This is so because of two factors.
When you make your first withdrawal at an online casino you need to verify your account by sending in your personal documents.
A lot of times players make a mistake and don’t send in the complete documentation, so it can take well over a week for this to be sorted out.
Another common error players make on their first withdrawal is reversing the funds to play again. You can win more or lose some of your winnings along the way. But what matters the more is that you stop the withdrawal process.
If you make another withdrawal after, you still have to go through the pending period and the withdrawal processing time. So in order to take advantage of the best casino withdrawal times don’t reverse your withdrawal.
Be patient for a few days and your winnings will be processed to your account.
Best Casino Withdrawal Times – The Bottom Line
The bottom line is that when it comes to the best casino withdrawal times US players don’t have a lot of choices.
The number of online casinos is limited and the payout time frames are the way they are. If you’re an impatient player and want to receive your winnings as fast as possible the best way is to go with Bitcoin withdrawals and deposits. This way you will get your winnings much faster than you would by using any other withdrawal method.
At the moment that’s the situation with US online casinos. Still, there is a glimmer of hope that the US will go back to the world gambling scene in the near future, following the example of New Jersey.
When that time comes everything is bound to change and US players can truly experience the best casino withdrawal times.