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What are instant withdrawal casinos?

By Guardian Nigeria
17 October 2022   |   4:25 am
It is no secret that Nigerians love gambling, particularly sports betting. Before this hobby was a heavily stigmatized activity....

It is no secret that Nigerians love gambling, particularly sports betting. Before this hobby was a heavily stigmatized activity, yet today, it is a common pastime, with around 730 billion Naira getting wagered annually on varied sporting events. One would be hard-pressed to walk down a street in downtown Lagos and not spot a retail wagering outlet, as these have been popping up like crazy since 2019, a trend that has no end in sight as this market continues to swell.

Concerning fast cash-out casino sites, things stand a bit differently. The best online casinos with instant withdrawals operating in different parts of the globe fall into a legal grey area in Nigeria. The Nigerian Lottery Regulatory Commission has the task of licensing and monitoring gambling platforms in Africa’s largest economy, bounding them to follow the same rules that apply to land-based gaming venues. Regarding off-shore fast casinos that are growing in popularity among Nigerian gamblers, laws don’t specifically mention them, de facto, leaving the door open for Naija’s residents to enjoy them.

When players snag sizable wins on these websites, they want to cash out their winnings as quickly as possible to recover their expenses and bask in the fruits of their good fortune and effort. That is why gamblers must always prioritize online casino fast payout apps, those that process payment requests in twenty-four hours (same-day payouts), delivering funds through methods that almost instantly reach the parties that asked for them.

The Best Fast Payout Online Casino Tips

The list of instant withdrawal online casinos on the World Wide Web is surprisingly not short. Still, players should not register with any old fast payout online casino they stumble upon.

Various horror stories exist online of people not getting their money when playing on sketchy platforms. It is vital that everyone reads casino reviews to avoid such low-quality hubs with nefarious conditions and stick to only using reputable ones with proven fair games and a gambling board license.

After registering with a trustworthy operator, the next step is always sending in the required documentation that proves a user is who they say there are. In 90% of cases, gambling sites demand this before anyone completed their first withdrawal.

Understanding wagering requirements, fees, and payment method speeds are also important. No one can cash out bonus winnings until they fulfill a deal’s rollover stipulation. Plus, each transaction option has different internal transfer procedures that incur specific wait times and extra charges. Being aware of these helps casino users manage expectations regarding how swiftly and at what cost they will get their payouts.

The Fastest Payout Online Casino Banking Methods
Bitcoin is, without argument, the fastest payout method any Nigerian can use at fast casinos. Most such platforms allow this choice in their cashier tabs, letting it facilitate transactions in less than ten minutes. Bitcoin is the world’s initial digital coin, and it is a secure cryptocurrency with a verification system that is virtually impossible to crack.
E-wallets are the second quickest payment pick, pushing transfer through in twenty-four to forty-eight hours on average. Skrill and Neteller are popular picks, but ecoPayz is also making waves recently.

Despite popular belief, many Africans use credit cards, with even the American Discover getting accepted in multiple African countries. While Nigeria may not rank high in terms of credit card penetration on the Mother Continent, Nigerians with Visa and MasterCard cards can use these at a select number of online casino fast payout sites. It should be noted that even though the payment requests made through these usually get verified quickly by banks, withdrawals can take up to three days to process. Deposits, on the other hand, are instantaneous.

The Best Instant Withdrawal Casinos for Nigerians

Analyzing player reviews, it is simple to conclude that Wild Casino possesses the most immediate cash out processing for Nigerian players. It offers twelve crypto methods, plus traditional withdrawal choices like bank wire and checks. As a rule of thumb, all coin-based withdrawal requests at Wild get reviewed and processed in less than an hour, and the rest of the transfer period depends on blockchain congestion.
Las Atlantis and El Royale are two other top instant withdrawal casinos that are especially popular with American crypto gamblers. They also seek to ensure that the payout process takes only about twenty-four hours.

DuckyLuck is an underrated website that few people in the interactive sphere know about, and those that opt to take out their winnings here using cryptos get them in less than forty-eight hours. That is the same timeframe like the famous BetUS sportsbooks/casino app delivers, but it has no fees. Slots.LV is another high-quality casino with great withdrawal options and games. It should not get left out of any top five list of sites with fast payout times.
This article was written in collaboration with real money casino experts.