The Best Online
Casino Payouts Get Processed Fast
by Mike
Harrison, Strategy and Games Writer
A regulated and licensed online casino is one that, among other things, ensures
that all payouts are made to its players - And, that such payouts are processed
and received in a timely manner. Depending on the type of payout method used,
i.e. eWallet, check, ACH, money order, bank wire, the time it takes to receive
the money will vary. Checks take the longest (from two to four weeks), while eWallets, such as NETeller and Click2Pay, are amongst the quickest (sometimes
within 24 hours).
Considering these third party payment methods payout on a
consistent basis, it is usually the responsibility of the online casinos to
ensure each payout is received by the player within the time constraints of each
particular payment method. Therefore, the timeliness of the payout is most
contingent on the time it takes the casino cashier to process the payment
itself.
Internet betting sites have made huge strides in improving the
efficiency and speed of payout processing, and some site now specifically
mention and address the time it takes for them to process player payments. The
best of these sites guarantee payment processing withing 24 hours.
Unregulated,
rogue casinos are notorious for stalling payouts, claiming player fraud, and
ultimately freezing all payment whatsoever. This is precisely why it is
imperative that players only gamble at regulated an licensed internet betting
sites. This is also why it is imperative that more governments implement
internet gambling regulations, which can now be found at UK casinos...but that
is a whole other story.
Player protection bodies such as eCOGRA, require all of
their certified sites to process payouts in a timely manner, and will be there
for the player if such is not the case. Just because a site offers recognizable
third party eWallets, does not guarantee a player will receive fast payouts.
Always verify that the site is licensed, regulated and eCOGRA approved, for this
is the only guarantee players have regarding the speed of their payouts.
Back to Gambling Tips Index
Back to Online Casino Conditions' Betting News Index
|