Best Casinos with Fast Payout in 2022
Have a look at our listed casinos with fast withdrawal! We hand-picked only the fastest platforms, so check out our tips to discover yours! Read more
- How to demand your withdrawal
- The untapped guide related to fast withdrawal casinos
- Are there any fees involved when you request a payout?
- Words of advice about rare gambling laws
- Did the casino not pay you?
- Same day withdrawal closing info
- Methodology and References
In addition to this, we’ve also considered delicate situations when the chosen site refuses to pay and how you can avoid such problems.
So, what’s next?
We invite all Brits who are in search of quick withdrawal casino to use the steps below. Thanks to these, you can make your choice of the best gaming site and the offers that come with it.
Disclaimer Gambling Addiction
Only players over 18 years old are allowed to play at online casinos, as stated by the United Kingdom law. KingCasinoBonus does not promote or advertise anything related to underage gambling! We are committed to supporting the fight against underage gambling by educating young people about the risks associated with gambling and helping parents protect their children from such dangers.
Here are 64 Fastest Withdrawal Casinos for You
LeoVegas was launched in 2011, and it received an award for its services in 2016, at eGR Nordics Awards, among others.
If you’re starting out with LeoVegas, know that there is an offer targeting your profile. You can opt for 10 extra spins on Book of Dead before having made a deposit. Moreover, after you deposit, you can get £100 in bonus funds and 20 more turns on the same slot across two deposits. The spins come with no wagering requirements.
This offer can be claimed only once. You can wager one active bonus at the time; if you have more deals active, wagering will be progressed in the order you’ve claimed them. At this casino, it is possible to withdraw from your real cash balance without forfeiting your bonus. Even though slots have a 100% contribution, not all slots contribute towards meeting these conditions.
100% up to £200
In order to redeem the offer, you have to deposit over £10. The bonus funds come with a 35x wagering on the deposit. You cannot place bets higher than 50% of the bonus or more than £20. Progressive jackpots don’t contribute towards the requirement.
11 no wagering spins
The additional rounds are available on Pink Elephants 2, seven days after activation. There is no wagering requirement for the spins. To claim the promotion, you have to make the deposit within 24 hours after registration.
Check out the Terms and Conditions for extra rules!
♛ DEPOSIT £10, PLAY WITH £70
The offer you are up for:
When you deposit £10, you can claim an up to £70 incentive.
How to get it:
- Visit William Hill from our website;
- Sign up for a new account;
- Deposit £10;
- Click on the ‘Deposit & Claim’ button.
The bonus funds come with a 40x staking condition, and you have three days to fulfill it. E-wallet depositors are not eligible for the promo. The most you can withdraw after completing the wagering is £2,000.
Before you engage in bonus play, remember to check the casino’s Terms and Conditions page – it will be of great help.
♛ £10 REGISTRATION BONUS + UP TO £300 + 100 BONUS SPINS AT JAMMY MONKEY
Up to £10 no deposit bonus
Create an account and receive up to £10 bonus once you verify your ID. The offer comes with a wagering requirement of 30x and a withdrawal limit of £50. The bonus expires in 7 days after being activated.
Up to £300 bonus
- First deposit: 200% up to £200;
- Second deposit: 300% up to £100.
You have to place a deposit over £10 in order to activate the offer. To withdraw your winnings, you must complete a 30x wagering requirement.
Up to 100 extra spins
With your first deposit you’ll also receive 50 spins that will be credited in batches of 10 per day. The rounds are available only on Treasure Tomb. On the second deposit you’ll receive another 50 spins that can be used on Lion Fortune. All bonus spins expire in 24 hour after being credited.
To qualify for these offers, you have to sign up from our platform, join the casino and verify your phone number.
No deposit spins
After registration, you may claim 100 rotations on The Spinfather. This promotion does not require a deposit. However, all resulting funds are subject to 40x wagering. The maximum cashout is capped at £50.
By depositing more than £10 your first two times, you may also qualify for this package:
- 200% up to £100;
- 100% up to £200.
Both bonuses come with 40x wagering requirements.
100 spins on deposit
Your deposits will trigger 100 rotations:
- 1st: 50 rounds on Supernova Crush;
- 2nd: 50 rotations in Coins of Fortune.
The funds coming from using them require 40x staking.
♛ 50 WAGER-FREE SIGN-UP SPINS + 100 NO WAGERING SPINS AT PADDY POWER GAMES
If you’re a new player at Paddy Power Games, you may claim 50 no deposit spins upon registration. To redeem the offer, you must click our promotional button and create an account using the code ‘PGCTV1’. Also, don’t forget to verify your phone number via SMS!
The spins are worth £0.10 each, and they carry no wagering requirements. But remember that they can only be used on Daily Jackpot games.
First deposit bonus
After depositing more than £10, you’ll become eligible to redeem 100 bonus spins with no wagering. Thus, you’ll be able to withdraw the entire sum of your winnings.
Keep in mind that the deposit must be made with a debit card. Moreover, the spins are only valid on Daily Jackpot games, and they expire within 7 days of being granted. For further details concerning this promotion, do not hesitate to check out the casino’s full terms!
Grosvenor is one of the oldest houses in the industry: the first physical location under this name came out in 1970.
If you sign up and deposit at Grosvenor and make the required deposits, you may claim a £20 welcome offer on any casino game. In addition to that, you can choose between:
- £10 bonus on live games;
- £10 bonus on slots.
If you claim one of these two bonuses, the other will become invalid. Wagering requirements and games restrictions apply for this offer. The offer credited are non-withdrawable. When placing a wager that uses both cash and bonus funds, the winnings you obtain from that will be credited proportionally to both funds.
There is only one such bonus available per person, household, or IP.
Customers who are found to have multiple accounts or otherwise breach the casino’s terms will lose the promotional funds.
Cashmo is one of the newest Intouch Games Ltd brands, having started out in 2019.
As such, when you sign up with Cashmo, you may receive up to 50 spins, no deposit required.
Afterwards, they are eligible for a welcome package across the first three deposits – this includes up to 100 spins and a match bonus of £500.
The extra rounds expire 7 days from the date they were issued, while the funds expire in 30 days. If you receive extra spins during gameplay, they will replace the bonus turns. This offer comes with a 40x wagering requirement. After meeting these conditions, your bonus balance will transfer to the cash bankroll. The spins are available only for selected games. Depositors have got no minimum withdrawal limit at Cashmo. Upon completing the wagering requirement, bonus funds will transfer to the cash bankroll.
♛ UP TO 20 SIGN UP SPINS + UP TO £20 NO DEPOSIT BONUS + WELCOME PACKAGE UP TO £300 + 400 EXTRA ROUNDS
Casino 2020 aims to do away with all the unnecessary steps and bureaucracy of online gaming. It presents a clean theme platform and a diverse welcome package for new players.
This casino is a place to enjoy InTouch Games and their Jackpot opportunities. Players can consult gaming tips from the site’s terms. You can rely on the help team for a fast reply, especially on live chat.
After someone creates a new gaming profile, they will receive two types of no deposit deals: up to 20 rounds to be played on Cleopatra’s Prizes and up to £20 no deposit funds. Further in their gaming experience, the first two deposits will bring forth the following:
- 100% up to £100 + 400 spins on Cleopatra’s Prizes on the course of 20 days, for a deposit of over £10.
- 200% up to £200, for the second deposit of more than £10.
PlayOjo casino offers a safe and secure gambling environment for all players around the United Kingdom.
As a new member to this platform, you can claim a welcome bonus that consists of 80 extra spins. A number of 50 spins will be credited on first deposit and 30 spins will be available if you visit the Kicker Section.
The spins can be used on Book of Dead and they come with no wagering requirements. To redeem them, players must deposit an amount over £10. The offer has no minimum withdrawal. This promotion cannot be conjured with any other deal.
PlayOjo impose a maximum amount that can be cashed out. For withdrawals less than £5, the casino will send a cheque. The funds available for withdrawal will be sent to the same method used for deposit.
♛ BET £10, GET £50 CASINO BONUS
New players at Coral may receive £50 in bonus funds. To qualify for this, you have to:
- Acces Coral via our website and register;
- Verify your account and deposit £10;
- Bet your cash funds on slots, casino, or live casino games;
- You shall receive the bonus automatically.
Aside from these conditions, you should know that:
- The funds work on selected games only;
- Apple Pay, Paysafecard and PayPal depositors aren’t eligible for this bonus;
- You must wager 40 times the bonus amount;
- The wagering condition must be met in 30 days.
Be aware that bets covering more than 67% on Roulette will not contribute to the requirement. For more info regarding this offer and Coral’s general rules, we suggest that you visit the casino’s T&Cs page.
Upon joining Lucky VIP Casino and depositing more than 20, you’ll be eligible to claim a 100% up to £555 bonus. Press our button and create an account to access this promotion.
The funds can only be used on selected slots. And remember that the bonus and deposit amount must be wagered 50 times before requesting a withdrawal. Also, you can cash out a maximum of 5 times the initial bonus amount.
Do you want more details about this promo? Check the casino’s bonus policy!
♛ STAKE £10, GET £50 WELCOME BONUS
Ladbrokes has got an offer for new customers who deposit and place their first bets. This casino bonus can be claimed if you:
- Follow our promotional button to the registration page and sign up;
- Deposit £10 and wager it on selected games;
- Accept the offer in the following 24 hours.
You should also acknowledge these gameplay rules:
- You must wager the bonus funds 40 times on selected games only;
- Betting on Roulette with an over 70% coverage will not contribute to the staking requirement;
- Only Ecopayz, Trustly and Instant Banking depositors can redeem the bonus;
- The promotional funds must be wagered in 48 hours.
In order to find out the excluded games, as well as other additional conditions, we recommend you give Ladbroke’s T&Cs page a go.
Listed on the London stock exchange with over 1300 employees, 888casino is a trustworthy gambling platform among British players.
As a new gambler on this platform, you can redeem a welcome bonus that consists of:
- £88 bonus;
- 100% up to £100.
The offers come with a 50x and 30x wagering request. The offer is available only for certain games. Be aware that available funds must be used before restricted funds and the balance of both can be seen in the My Account section. If the wagering requests are not meet, the bonus will be removed from the user’s account. Also, registration offers can not be used with other type of registration bonuses.
♛ UP TO 500 BONUS SPINS AT NETBET
Create an account at NetBet and receive up to 500 bonus spins on your first deposit.
This welcome offer can be activated by using the code NBWELCOME500 when you fund your account. Keep in mind that deposits made with e-wallets and prepaid cards are not available. You will get 50 rounds on your first deposit and the additional 450 will be assigned daily. These will be allocated for a maximum of 6 days after your first deposit.
The offer comes with a 40x wagering requirement.
Check out the promotional terms for more details!
♛ 30 NO WAGERING SPINS ON BIG BASS BONANZA AT MRQ
When you create a new account with MrQ, do the following:
- Deposit more than £10;
- Insert the BASSM30 promo code when depositing;
- Spend the deposited amount.
This way, you may receive 30 rotations on Big Bass Bonanza. You have 48 hours to use the bonus rounds. These will be credited within 10 minutes since you spent your deposit.
They have no wagering requirements, so the outcome will enter you cash balance directly. Furthermore, there is no maximum cap. Know, however, that higher withdrawals might go through additional verifications.
To get all the details you need, please visit MrQ’s Terms and Conditions page.
As a new member here, you may take advantage of a 100% bonus up to £50.
Keep in mind that this offer comes with a wagering requirement of 30 times on the deposit and bonus amount. You have to complete the rollover request in 30 days after you activate the offer.
To claim the offer, you have to:
- Press the promotional button;
- Join Genting Casino UK;
- Make a deposit over £10.
Check out the T&C before redeeming the promotion!
♛ UP TO £50 BONUS AT LORD PING
You are eligible for a 100% up to £50 promotion at Lord Ping. Be aware that this offer is available only once every 72 hours across all Skill on Net casinos. Furthermore, qualifying for it requires a deposit exceeding £10.
The promotion has 30x wagering requirements, applying both to the promotional funds and deposit. Bets on slots will contribute 100% to your rollover condition, while all other game categories will have a 10% contribution.
Check the T&cs for more!
Mr Spin is part of the Intouch Gaming company and is on the market since 2016.
Those who intend to become members of the platform can claim a welcome bonus that consist of:
- up to 50 extra rounds when creating an account;
- 100% up to £100 bonus.
This offer comes with a wagering request of 20 times. The spins are only available on Reel Royalty and the maximum amount that can be cashed out from them is £50. As for the bonus, it will expire in seven days after claiming it. In order to claim the offers, players will have to pass the identity verification. If the offer is not used within the allocated period, it will disappear from the account. The casino imposes a fixed fee for cashouts under £10.
100% up to £50
You may redeem a first deposit match after registering at PlayToro and funding your account with an amount exceeding £10. The bonus funds must be wagered 60 times within 30 days of claiming the offer. Remember that only slots count towards fulfilling the wagering. Moreover, the maximum allowed bet is 10% of the bonus amount or £5.
25 bonus spins
Winnings resulting from the bonus rounds should be wagered 30 times. Keep in mind that the spins are only valid on Wild Toro and must be used before the deposited funds. You can cash out up to £100 from this offer. Additional information about this promotion can be found in PlayToro’s full terms and conditions.
♛ 50 REGISTRATION SPINS + 50 NO WAGERING SPINS AT BETFAIR
50 Registration spins
The registration spins come with a value of £0.10 each. They are available on Gonzo’s Quest Megaways or titles from the Daily Jackpot Games category. The rounds come with no wagering requirement. To activate them, use the code CASF51 when creating the account.
50 First deposit spins
You must place a deposit over £10 and stake that amount on daily jackpot games to activate the spins. Deposits made with e-wallets are not available. The winnings from them can be withdrawn without any condition.
Check out the T&C section before claiming the offer.
♛ 100% UP TO £100 + 100 BONUS SPINS
Rilato Casino, formerly operating online under the Aspers brand, has got a long history, both in the land-based and online sectors. It’s licensed by the Alderney Gambling Commission and the UKGC.
The casino provides a welcome offer for new players who qualify as first-time depositors. If you fulfill these conditions, you may receive a 100% match bonus and 100 extra rounds to use on the site’s slots.
If you don’t fulfill the 40x wagering requirement in the allotted period, you may not withdraw your bonus or any winnings arising from it. Moreover, withdrawing real funds before completing an offer will result in your forfeiting the said offer. The casino might restrict bonuses for customers who are active only during promotional periods.
PocketWin is, just like its sister sites mFortune and Mr. Spin, an Intouch Games Ltd brand. How does this reflect on the casino itself?
Customers who are just starting out may receive a £10 bonus after they register, and a 200% match-up bonus upon their first deposit. Sign up, verify your account and meet the conditions to qualify.
Only players whose identity has been verified can redeem bonuses. You should know that in both situations, your bonus credit needs to be wagered forty times. The house will notify you of your bonuses’ status via SMS. The offers are claimable just once per subscription. You will be able to withdraw only after meeting the wagering requirement.
♛ WELCOME BONUS OF 100% UP TO £200
Gala Casino has over 600 products and holds licences from both Gibraltar Gambling Commission and the UKGC.
The casino offers a welcome bonus of 100% match up to £200 to new players that join. This offer comes with a 35-time wagering request on the deposit amount. Payment made with Paypal, Moneybookers, Paysafe, Skrill or pre-payment cards will not activate the offer. The roll over request must be met within 7 days.
The offers from this casino can be claimed only after the account verification is done. This offer cannot be used with other bonuses. Gala Casino doesn’t charge fees for deposits or withdrawals.
Playzee casino is an UK gambling platform with games from providers like NetEnt, Microgaming and Evolution Gaming.
As a new gambler on this platform, you can claim a welcome offer that consists of:
- 100% up to £300 bonus;
- 100 extra spins (credited in batches of 10 per day);
- 500 Zee points.
Those who decide to redeem this promotion must keep in mind that it comes with some conditions:
- The winnings from the spins are capped at £50;
- The rounds are available on Starburst;
- The bonus and deposit must be rolled over 35x.
The minimum amount that can be cashed out is £10. Bonus funds are kept separate to cash funds. Withdrawals will be processed after the player meets certain conditions imposed by the casino.
About the casino:
Quinnbet UK casino started its online activity for many years and it comes with various games to play, from slots machines to table games.
As a new player, you can take advantage of a welcome bonus that consist of:
- 50% Cashback up to £250;
- 10 Extra spins on Asgarf Warriors.
You have to make a minimum deposit of over £10 in order to activate the offer. Keep in mind that Skrill and Neteller are not available for this bonus. Rotations come with £20 maximum cashout and no wagering requests.
Keep in mind:
You have to place a minimum of 5 rounds during the qualifying period and 4 of these rounds must be at least half the value of the highest placed wager. In case you don’t have any losses under £10, you’ll receive a minimum cashback of £5 if you staked at least £100. You have to stake the cashback received at least four times to cash out.
This casino does to charge any type of transaction. All offers available on the platform are available once per person, unless otherwise stated in the bonus rules.
Casilando is a 2017 casino that operates on the White Hat platform. Its attributes include:
Joining Casilando and depositing may trigger an introductory offer: 100% match bonus up to £300 and 90 spins that work on Book of Dead.
This promotion is available once per account.
Know that you can always withdraw from your real funds, but this will revoke your bonus. The lowest possible withdrawal is £20.
You will need to wager the bonus funds 35 times to cash out.
The loyalty points you gather at Casilando have no wagering requirements.
♛ 100% UP TO £250 + 100 SPINS
Here’s the bonus:
You may receive a 100% match offer up to £250, along with a spin on the NetEnt Wheel. By spinning it, you may be up for up to 100 rotations on most slots coming from this provider.
How to redeem it:
- Visiting Spin and Win from our website;
- Creating a new account;
- Passing the KYC procedure;
- Depositing more than £20.
Then, you may launch any NetEnt slot to begin using your extra rounds. The bonus cash will only work on specific slots, which you may find in the ‘All Star Games’ section of the website.
You must play the NetEnt Wheel 72 hours from your qualifying deposit. The promotional funds require 40x wagering, while the additional turns impose a 30x requirement. You can withdraw as much as 5x the original bonus amount, and no more than £20 from the rotations.
For more information, please visit Spin and Win’s Terms and Conditions page before participating in promotional offers.
mFortune offers trustworthy banking options and promotions suitable for all types of players.
mFortune UK offers to its fresh-registered players a welcome bonus that consist of:
- £10 no deposit bonus;
- Up to 100 extra rounds;
- 200% deposit match up to £100.
The promotion has a wagering requirement of 20 times. Players must know from the start that this offer comes with some rules:
- The bonus rounds are available only on Super Win 7s;
- The max cashout for both spins and registration bonus is £200.
Offers can be claimed only after the identity verification is done. Cashing out unspent qualifying deposit will exclude players from the offers. The casino allows players to automatically enroll in the Bingo Loyalty Scheme, using the account created to play. Also, deposits can be made by using Pay by Phone.
Your first deposit at Race Casino may trigger a 100% up to £100 bonus. Remember that as a Skrill Moneybookers or Neteller depositor, you will not qualify for the promotion.
The funds impose a 40x rollover condition.
Once you deposit for the first time, you’ll also unlock weekly cashback. However, the 10% cash retrieval only applies to deposits that have not be used to trigger a bonus. There are no wagering requirements.
Remember that all deposit-based offers here have unlimited withdrawals.
For extra details, take a look at the site’s T&Cs page, too.
How to demand your withdrawal
A simple step-by-step guide
The withdrawal process is a very important one on any online casino in the United Kingdom you may join. Even if you opt for a same day withdrawal casino, the steps you need to take to get your funds remain the same. They are slightly different than the ones for deposit, but you do it from the same page on the casino – the cashier.
Here is a quick and simple guide to help you navigate this process and get your funds as soon as possible!
Please continue reading to find out details about:
- How to request a money withdrawal from your account;
- Knowing details about the waiting time;
- How to receive the gaming funds you have requested.
Request a cashout
To do this, one must head to the cashier section and select a method.
Do you have to be careful?
We recommend you check out the terms and conditions of the chosen fast payout casino thoroughly because it might have certain limits imposed.
Platforms usually limit the player to request a withdrawal via the same method used for depositing.
The cashout processing time contains two different timeframes. The first one is the time the casino staff needs to verify and manually approve your request. This is required for safety reasons and ensures both your protection and the casino’s.
The second is the time the chosen cashout method required time to process and deliver your payment. Depending on the option you have chosen, this may vary from a couple of minutes to even a week, in the case of Bank Transfers.
However, by selecting any of the casinos we have in our list here, you will benefit from the fastest withdrawal.
Players should know that on the list compiled here, only same-day withdrawal casinos have been selected.
Receive your funds
Once the user has gone through the first two steps and its request has been submitted and verified, the amount generated from game-play shall be credited. Is that always the case?
There might also be situations when the funds are not granted. For such cases and how to avoid them, we call to all gamers to read carefully our other sections.
The untapped guide related to fast withdrawal casinos
If you are a new player, this is the withdrawal guide you need. Our experts explain in a simple way the aspects you need to keep in mind when joining a fast cashout casino. These are also useful if you are already an experienced gamer, so keep on reading!
You are invited to read more and find out more on the following topics:
- The KYC procedures and the difference they make in cashouts.
- What sums will trigger additional verification, slowing the withdrawal processing time.
- Some hints regarding getting paid faster at a casino.
Interested in what is next?
Please keep on reading!
How can the KYC procedure influence instant withdrawals sites
KYC stands for Know Your Customer or Know Your Client. This process is used by online casinos and other businesses to gather and verify information about their users. Its purpose is to give the casino a good understanding of who their audience and target are, as well as offer a certain level of protection against underage gambling, scammers, and other dangers.
This procedure generally involves providing gambling platforms with certain documents that prove the identity, age and address.
Most sites will ask for:
- ID form such as passport, driver license, birth certificate or national citizenship ID card.
- Proof of address. It can be either a utility bill, but no older than three months or a government-sent letter.
- Source of funds such as scans or images of the debit card, bank statement, recent payslips, evidence of pension or some websites may also allow the proof of winnings from another online gaming website.
For a faster processing time provide all the KYC documents upon registration and make sure that they are visible.
Sums over £1000 will trigger additional verifications, but this amount varies from one platform to another.
Not completing the KYC before requesting a withdrawal will keep your request pending until you provide the documentation, and it is verified by the casino staff. We advise you to go through the KYC right after registration to be able to truly benefit from the same day cashout casino.
Strategies on how to get paid faster at a casino
Specific aspects must be considered when choosing a banking option. We have compiled below some hints that may come in handy.
Read the terms and conditions for instant payouts at casinos carefully
Reading the Terms and Conditions of any online casino you sign up on is a good idea at all times. However, it is even more important when you are interested in fast withdrawals. Here, you will be able to find all the rules and conditions you have to meet in order to cash out funds. Not knowing these may lead to unexpected delays.
Check out the withdrawal policy
One must also take under advisement that besides the time it takes for a gaming platform to process the cashout, there is also a processing time that depends on the chosen banking option.
Tips: The bank slows down the processing time until the cash arrive in the account, not the quick withdrawal casino.
Let’s take into consideration the below table:
|Payment Method||Fast payout casino average processing time||Banking option average processing time||Total time taken to receive the funds|
Within 24 hours
Up to 6 days
Within 24 hours
Up to 6 days
Within 24 hours
Up to 4 days
Within 24 hours
Within 24 hours
Up to 2 days
Even though a player has joined such a platform, if it chooses a payment option such as PayPal, it will take up to 6 days until he can receive the funds. Why is that?
The reason is quite simple. It will take the gaming website 24 hours to verify the request and the identity documents provided that they have all been successfully uploaded upon registration.
After the online platform has processed the payout, it will take the banking service up to 5 days to also verify it. Lastly, the funds will arrive in the account in 6 days.
Why is that important?
The amount of money could affect how quickly punters can receive the funds. Most online casinos have a limit on how much one may cash out at a time.
Are there any fees involved when you request a payout?
In some cases, online casinos will charge a fee for withdrawals. There are not many that have this policy, but those that have it do not impose high fees. This information will be available for you to see in the Terms and Conditions or in the cashier section of the website.
In addition, in certain situations, the payment method you opt for may come with its own transaction fees, so make sure you check that out before you choose a method.
On the other hand, that specific online site will have to pay the RGD, Remote Gaming Duty in sterling. The charged fee will be a percentage of the profit.
- As of April 2019, all gaming websites, also including fast withdrawal casino platforms, must pay an RGD of 21% of their profits.
- Because of these taxes that gaming operators must pay, the UK market has generated in 2017 more than £2.7bn from casino games and sports betting.
Furthermore, according to a report made by UKGC, the online gaming industry represents a third of the overall market. Out of this, slots have the highest charts with a gross gambling yield of £2.6bn only made in 2017.
Words of advice about rare gambling laws
There are laws that shaped and influenced online casinos with instant withdrawal in the UK and our experts explain each one of them below for you, regardless of your level of experience. However, before we proceed, it is imperative we discuss the Gambling Commission, a very important authority when it comes to the British gambling environment.
The topics that we touched upon were:
- The organization itself;
- The laws that they pass.
The reason for doing this is to illustrate punters how the organization was implemented and what are the objectives. Furthermore, we shall also elucidate how the enforced laws are made in the players’ favour.
UK Gambling Commission
This is an organization that has been made with only one objective in mind, to ensure that Brits have a safe environment when engaging in a session.
They have been around the British e-gaming market since 2005 under the Gambling Act 2005 and assumed power in 2007 over various industries such as arcade, betting, casinos, slots machines and lotteries.
UKGC also has responsibility for remote gambling which consists of online betting, by telephone and by other communication devices.
UKGC laws you should know about
There are some gambling laws you should know about, as they are very important for your safety. These are meant to protect you from gambling addiction, fraud, scams, and even prevent underage gambling, which is a major problem in the United Kingdom.
Below we shall offer more details about the ones that have been recently made.
This feature was initially implemented by most platforms to help players extend their session. By using this facility, users would have at their disposal the chance to change their decision to end the session and can prevent spending more on it than was initially intended.
The Commission has banned the use of this feature in May 2020. Playing responsibly is one of the main objectives of this organization.
Thus, with the help of academic research and expert advice, the Commission has concluded that reverse withdrawals might be considered as a red flag.
For further information about playing responsibly, we have compiled a page where we’ve provided various organizations that offer advice to individuals.
Another law that has been implemented is to prohibit the use of credit cards when making a deposit.
Usually, a fast withdrawal casino would offer credit cards such as Visa and Mastercard because its processing time was within 24 hours. However, as of April 2020, these platforms had to stop offering such banking options.
What was the context of this ban?
In an article stated by the UK Gambling Commission, it was pointed out that 24 million people in Great Britain are gambling with 10.5 million of them using online gaming websites. From those users, 800.000 are using credit cards when engaging in a session.
Seeing how many gamers use this banking option, the ban may seem reasonable. The main issue, however, is the fact that the same institution states that 22% of these players are problem gamblers. Therefore, this ban is supposed to help problem gamblers limit or give up gambling altogether.
What was the reaction?
However, for Brits, this decision was not rejected, but it was supported. Based on the below table, 1844 UK users have participated where 84% of them did not have any complaint about this prohibition.
Operators must show transparency when offering e-wallets. Furthermore, they must make sure that it has additional safety layers to forbid users to use e-wallets via a credit card. In data provided by RGA, it can be seen that 11% of gamers fund their account using these options.
However, neither the UKGC nor platforms know precisely what proportion of 11% emanates from credit cards. But, to ensure the safety of all players Finetech bank Revolut has suspended its service to and from gaming websites to be in accordance with the Gambling Commission.
When playing at a gaming site in the UK, players can choose other payment methods such as PayPal, Boku or Pay by phone instead of the prohibited ones.
Did the casino not pay you?
The most important steps to take
Your money is very important and online casinos in the United Kingdom do their best to protect it. Their security measures vary from one platform to the other and some offer more than others. Of course, the main way in which you can rely on a gaming site to protect you and your money is by playing at a fully licensed and regulated online casino, especially if the licensing authority is UKGC.
These are the three levels of protection British casinos offer when it comes to your funds:
- Sites that do not protect the funds.
- Medium protection where the members’ money is being kept in a separate account.
- Casinos with high protection level held the gamblers funds in an account that is legally kept from the rest of the company. Usually, this account is under the protection of an independent person or an external auditor.
The layers mentioned above are used to safeguard the gamblers funds in case the site that they have joined announces that the business has become insolvent.
Even though one joins a casino with quick withdrawal, he must read that platforms general T&C to make sure that it will pay in case of insolvency.
Has this ever happened before?
A concrete example
We have drawn attention to this case based on the event that has happened with MoPlay online casino. Since the gaming operator has announced that the business has become insolvent, it couldn’t process any withdrawals.
What does that mean?
It means that the members couldn’t get paid. In the above tip, we have mentioned that the players must read the terms of conditions before joining a platform.
Why is that important?
That is because in MoPlay’s T&C under the Clause 9 it was stated that even though the users’ money shall be kept in different bank accounts, they do not guarantee that they will return those specific funds.
What should you do in such cases?
If it happens to you to not be paid by the online casino you have played at, there are actions you can take. First of all, you have to get in touch with the customer support and ask for explanations. If you are unsatisfied with the response and wish to take further action, here is who you can contact:
- Gambling Commission;
- IBAS (Betting Adjudication Service);
- Tell us everything about it by leaving a comment on the dedicated page.
Same day withdrawal closing info
Through this page, we wanted to show gamers that when choosing such gambling websites, some particular aspects must be given extra attention. Which things are we talking about?
- Reading the withdrawal policy carefully;
- Reading the terms and conditions;
- Selecting the payment methods attentively
All these can make the difference on how to get paid faster at a casino.
However, one must also note the changes that are continually being made by the Gambling Commission, such as the prohibition of credit cards or reverse withdrawals. We and our gambling experts team do our best to keep you up to date with any changes that may appear both in regard to the casinos you find here and any modifications to the legal aspects of gambling in the United Kingdom.
Through this guide, gamblers can now know the way to select an instant withdrawal casino from the UK using the particularities that we’ve provided and what to do in case a gaming operator refuses to pay. Based on the research and analyses done, we have put together a list of offers.
- Why has the casino not approved the cashout request?
There are three main reasons when the platform denies the request.
- The wagering conditions have not been successfully met.
- The necessary documents for the KYC procedure have not been all uploaded, or the photos used are unclear.
- There is a breach in the terms and conditions. For this reason, we recommend the gamer to check out carefully this page before requesting a cashout. There might be additional conditions besides the ones mentioned above, that must be met.
- What does it mean when the payout is in a pending period?
It means that the online gaming site has seen the request made for the cashout and is checking to see if all conditions have been met.
Based on our statistics and our analysis, the average pending time for an instant payout casino is 24 hours.
- Do I need to pay taxes on my winnings generated from a gambling session?
It must also be noted that gambling winnings generated from slots or any other game type aren’t taxable in the UK market by the gamer. It does not matter if one has generated from the gambling session as low as £100 or as high as £1 million, he won’t have to pay any taxes.
- Is the withdrawal processed made in a specific time frame?
Usually, gaming sites that offer instant payouts work 24/7. Even so, there are cases when some gambling operators don’t allow withdrawal requests to be processed at night or on weekends. It is something that depends on the internal rules of each operator and if its financial staff is working 24/7.
Methodology and References
The reason why we have compiled the above guide was to answer the question to all punters about the true meaning of the fastest withdrawal casinos.
We’ve systematically designed this page based on surveys, documents and records, laws, content analysis, actual experiences and examples to obtain valid and reliable results.
Based on everything we have investigated have put together the list of bonuses that come from instant withdrawal casinos.
- Wikipedia.org – Gambling Commission
- Revolut suspends UK deposits to gambling sites
- KYC: What is it and why is it important?
- General Betting Duty, Pool Betting Duty and Remote Gaming Duty
- This Is How Much Tax The UK Generates From Online Gambling Revenues
- MoPlay declared insolvent and stops processing withdrawals