How Do We Compile These Listings?
We have invested heaps of time (and money!) into investigating Australia-friendly online casinos.
You need to be an actual customer and try out different banking methods to check all the features and create the list of online casinos with fast withdrawals.
If you are curious about the process of compiling the listings of gaming venues in the Australian market, keep reading.
We will share some of the steps with you.
Look for new casinos that claim to pay fast
New online casinos run on advanced platforms which enable them to process withdrawals faster.
Their Know Your Client (KYC) verification procedure is completed in no time thanks to innovative algorithms that check each component and immediately process payouts without issues.
We typically join those reputable gaming establishments that claim to pay out winnings fast. Of course, they must be fully regulated and licensed.
Sign up, deposit and play
Your first step towards winning at casino games is signing up with the gambling site. So, when starting our casino adventure, we create an account, verify our email and make a deposit.
Only real money wagers can earn you real money prizes, so you need to use your hard-earned dollarydoos to get paid as soon as possible.
Wagering bonus funds entails requirements you need to meet to clear your winnings, which takes a bit longer and you want your money cashed out as soon as possible.
Verify our accounts and request a payout
When we get lucky and win some money, we go through the verification procedure by providing our documents which enable the operator to check our identity.
It is the precondition for a payout to be processed. This is the critical point, because at some casinos this procedure may take longer.
Your identity is checked only once, on your first withdrawal.
However, if you win a larger amount or the operator identifies some irregular betting patterns, you may be asked to provide proof of identity again.
Analyse the results and make the toplist
After we have explored new fastest paying casinos, we analyze the results and make our top list of the best ones among them.
That’s exactly how we compile the lists you will find on our gaming portal. It takes time and money to check all the aspects that can affect the gameplay.
Still, it’s worthwhile as that’s the only way to obtain all the information that can help our audience make a choice.
Why Some Casinos Delay Payments?
As you probably know, the online gaming market in ‘Straya is still not regulated.
In such an environment, you can stumble upon operators who hold licences issued by obscure gaming bodies.
They don’t support convenient banking options or simply don’t treat their customers well.
Slow payouts are not the only problem with them; it is highly risky to reveal your personal and financial details to them. Here are some other causes of long payout times at online casinos.
Not enough cash "on hand"
One of the reasons online casinos delay payments to successful players is not enough cash on hand.
This particularly applies to massive wins such as progressive jackpots.
That’s why some operators pay these amounts in installments and have weekly and monthly maximum withdrawal limits.
How much money an online casino has on hand is an issue monitored by regulatory bodies, which is another reason why online gaming should be regulated as soon as possible Down Under.
They hope you'll lose it back
At some online casinos, you will notice a so-called pending period.
It is a period within which most operators allow you to reverse your cashout request.
If you have been wondering what its purpose is, the answer is simple – they hope that you will get your winnings back to your account and keep wagering it on your favourite games.
While we all hope to win, but luck is inconsistent, and you may end up losing your fund.
That’s what online casinos hope for when imposing a pending period on cashouts.
Ancient Technology
Of course, some gambling sites use old technology that cannot support fast withdrawals.
This is another reason why you should join new, modern gaming venues that run on top-notch platforms.
Payment Methods/Processors Take Time
Also, withdrawals through specific payment methods take longer because of the nature of these options.
For instance, payouts through Bank Wire or checks may take up to 7 days or even longer.
This mostly happens due to anti-fraud measures banks employ to check the regularity of the funds and transfer.
Which banking methods are good for fast payouts?
Some banking methods have technical abilities to process transactions swiftly.
While Aussies may have limited options due to the legal status of online gambling, there are still methods they can use to get their winnings almost instantly.
Bitcoin
Probably the number 1 solution when it comes to online banking for Australian players, Bitcoin is a cryptocurrency that can be used for deposits and withdrawals.
It allows you to make transactions at online casinos without having to reveal your sensitive data to the operator.
While it is a safe and fast method, BTC also comes with a few downsides.
They include the volatility of the currency and fees you need to pay for carrying out transactions through the Bitcoin network.
Litecoin
Litecoin had been the second most popular digital currency until recently when Ethereum took its position.
It is less valuable than Bitcoin, but at the same time, Litecoin transactions are processed four times faster than those made in its predecessor.
Also, transactions processed in Litecoin incur lower fees.
Ethereum
Launched in 2014, Ethereum is yet another cryptocurrency you can use for online gambling.
Just like with the previous two currencies, to use Ethereum, you first need to install a crypto wallet.
The difference between this one and Bitcoin and Litecoin is in the fact that Ethereum allows users to use smart contracts to carry out transactions and even create their own digital currencies.
The best part about it is that you can obtain it without difficulty as its value is significantly lower than the price of Bitcoin.
Dogecoin
The world of money does not have to be serious. At least, that’s what the people who stand behind Dogecoin think.
Featuring an image of the dog, this cryptocurrency was introduced in 2013.
Again, players can use it to make fast online casino transactions anonymously without worries about their funds or personal data.
In October 2020, the price of Dogecoin was AU$0.00365.
Neosurf
If you want to make deposits safely and anonymously, you can use Neosurf, a prepaid card. It contains a 10-digit code you need to purchase at the nearest local retailers.
While it seems like a great option that allows you to fund your casino account without revealing too much information to the operator, Neosurf also comes with a few disadvantages.
The biggest one, undoubtedly, is the fact that you cannot use it to clear your winnings. If you use Neosurf for payments, you will have to find an alternative secure method to withdraw your money.
Poli
This is by far the most popular banking method when it comes to online gambling Down Under.
POLi is an electronic payment system available in Australia and New Zealand exclusively.
The great news is that you don’t need a credit or debit card or an additional account to make payments through this solution.
It is based on banking accounts, so all you need to do is to choose the bank you have an account with and use your credentials to enter it.
However, just like Neosurf, POLi does not allow you to make withdrawals through it.
Fast Paying Casino Groups
In the Australian online casino market, there are only a few groups that run majority of the legitimate casinos.
These together account for more than a dozen brands and should be your go to choice for any kind of play.
SoftSwiss - The #1 Group in The Australian Market
Some of the best online casinos catering to Aussies are powered by SoftSwiss, an established Malta-based platform provider.
Gambling sites powered by it are popular among players thanks to a great variety of casino games coming from 50+ providers.
While Australian players cannot enjoy titles from all the contributing suppliers due to the complicated legal situation in their country, they can still access exciting casino games, with pokies being the most popular ones.
When it comes to banking, and particularly cashing out winning, SoftSwiss powered casinos enable players to get their funds fast through traditional banking methods and cryptocurrencies.
Once your identity has been verified, withdrawals will be processed within 24 hours in most cases.
Deckmedia Group - Solid Choice For RTG & Rival Lovers
If you are not looking for a great variety of games, online casinos operated by Deckmedia Group may be an excellent option for you.
These gaming establishments offer games from RTG and Rival and can be accessed across three platforms – instant-play, download and mobile.
Besides pokies, players can try their luck at various table, card and specialty games. Progressive jackpots are also on offer.
At online casinos operated by Deckmedia, players can enjoy some real casino action for real money.
While some of them don’t accept AUD, others target Aussies and allow them to make transactions in their national currency.
Another option is Bitcoin you can use to carry out fast deposits and withdrawals.
Casoo & Tsars Group of Sites - The New Superstars in Australia
If you are looking for modern gambling sites that support fast withdrawals in AUD, two new kids on the block should be your next destinations.
Being around for a short time, they have already got a big following thanks to hundreds of casino games on offer and a wide array of secure and convenient banking methods.
Whether you are a more traditional type relying on AUD or you have switched to digital currencies, Casoo and Tsars will offer you a way to fund your casino and clear your winnings from it.
All payouts are instantly processed, so you won’t have to wait for your winnings for days.