Technology Brings the Fastest Payouts in the Canadian Online Casino Industry

Over the past few years, many technological developments in the fintech and mobile phone and computer manufacturing industries have occurred.

There have also been major advances in the iGaming industry, and internet speeds have never been quicker. Artificial Intelligence (AI) is also playing a huge role in helping to shape the industry.

With all these factors combined, licensed Canadian casino sites can now payout winnings to registered members quicker than ever. Let’s take a closer look at how technology is helping to shape the industry and speed up withdrawal times. 

How Long Does It Take for Online Casinos to Payout Winnings?

The average time it takes for an online casino to payout winnings to its registered members can vary a great deal, but thanks to many advances in technology, payouts are now faster than ever. 

However, many factors can determine exactly how long it takes you to get your hands on your rightful winnings. A fast payout casino is classed as an online casino that processes withdrawals in as little as a few hours. 

In most cases, receiving your winnings takes anywhere from two or three hours up to anywhere from 24 to 48 hours. Even at online casinos that are classed as ‘Instant Payout Casinos,’ withdrawals are rarely instant in the true sense of the word. Instant usually means anywhere from 0 to 60 minutes.

Which Top-rated Canadian Online Casinos Are Known for Fast Payouts?

If you’re 19+, live in Canada, and want to play at a fast payout online casino that processes speedy withdrawals, you can find a safe online casino on – one of the world’s most reputable online casino review sites. 

Examples include the following fully licensed online casinos, all of which accept real money wagers from Canadian players and are controlled by some of the iGaming industry’s most trusted operators:

  • Unibet Casino – ranked at #10 with a Playscore of 84% and a rating of 87/100
  • Bet365 – ranked at #09 with a Playscore of 84% and a rating of 84/100
  • Spin Casino – ranked at #08 with a Playscore of 85% and a rating of 86/100
  • Conquestador Casino – ranked at #07 with a Playscore of 82% and a rating of 86/100
  • PlayOJO Casino – ranked at #06 with a Playscore of 83% and a rating of 93/100
  • LeoVegas Casino – ranked at #05 with a Playscore of 92% and a rating of 90/100
  • BetRivers casino – ranked at #04 with a Playscore of 88% and a rating of 88/100
  • Party Casino – ranked at #03 with a Playscore of 87% and a rating of 83/100
  • Casumo Casino – ranked at #02 with a Playscore of 91% and a rating of 86/100
  • BetMGM Casino – ranked at #01 with a Playscore of 85% and a rating of 91/100

All of these casinos are well-known for processing swift withdrawals, meaning players never have to wait too long to get their hands on their winnings. Secure links to each site’s sign-up page are available on the official Time2Play website. 

What Kind of Things Can Affect How Long It Takes to Get My Winnings?

Many things can affect how long it takes to get your winnings. For example, if you sign up to an unlicensed online casino controlled by an untrustworthy operator, it could take ages to get your winnings, that’s if they even decide to process your withdrawal. 

This is why you should only ever play at licensed sites controlled by trustworthy operators with proven track records and excellent reputations. 

Other factors that can affect how long it takes for a withdrawal to be processed are things like how busy the casino’s payment processing department is (they could be swamped with players trying to cash out their winnings). 

The type of payment method you use to withdraw also impacts the withdrawal time. For example, if you send the casino a bank check, it could take days to be processed. If you also request to receive your winnings in the form of a bank check, it could also take forever (7 to 10 days). 

Players are better off using digital wallets, credit and debit cards, or direct bank transfers for the quickest withdrawal times. Examples of today’s safest and quickest online casino withdrawal methods include PayPal, Interac, iDebit, Instadebit, eCheck, Skrill, MuchBetter, Neteller, Visa, Trustly, and MasterCard. 

Some casino sites also now accept certain major cryptocurrencies. This is another great way to get your winnings almost instantly. 

However, depending on which state/province/country you are based in and which online casino you sign up to will often determine exactly which payment methods you will be able to use. In other words, always check that your preferred payment method is accepted before signing up to an online casino.

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