Withdrawal Methods: Online Poker Rooms With The Quickest Payout
The first course of action needed when locating a reputable online poker site is ensuring it offers a game selection you are happy with.
Thereafter, it is essential to make sure it has a high level of traffic, generous promotions, and a look and feel you find appealing.
In addition to this, it is critical to verify that the poker room offers a viable list of deposits and withdrawal options so you can receive your winnings in the fastest time possible. It’s vital that you ensure the poker site you registered with offers the quickest and easiest payment methods online and that it’s a reliable poker room that always pays its customers.
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If there are delays when it comes to claiming your winnings, you should avoid the site at all cost. Popular poker sites strive for excellence, especially when a player requests a withdrawal on their site. Therefore, a poker site should always offer the following:
- A wide variety of both deposit and withdraw options
- Lightning fast processing of payments, including instant cashouts
- Can be trusted with both your personal and financial information
- Clean slate when it comes to paying their customers promptly
Poker Withdrawal Options
Being able to withdraw securely, quickly, and efficiently at a poker site is one of an essential list of features for most poker players. There is a multitude of different payment methods offered at leading poker sites and with a large number of payment options available, it can get quite confusing. Therefore, to assist you in choosing the most reliable, safest, and quickest payment method, we have included the most popular methods offered at some of the most popular poker sites online.
Debit Cards and Credit Cards
Credit Cards are still considered one of the most popular payment methods at any poker site as players tend to use credit cards for both depositing funds and withdrawing their winnings at poker rooms. All poker sites will accept credit cards, and therefore it remains one of the most used payment methods in the world. Visa cards are the most popular credit cards when players wish to cash-in.
Debit cards are just as popular among players when it comes to cashing in their winnings. They work in much the same way as Credit Cards and typically take between 4 to 7 working days to reflect the funds in your account once a cash-in request has been submitted.
American Express (AMEX)
American Express is another widely used payment method across the globe. It’s considered one of the most trusted cards in the world as poker players can increase their limits and transact securely and safely at any poker site.
E-Wallets
PayPal is an extremely popular and secure payment method that is accepted by some of the biggest poker sites in the world. PayPal cuts out the middleman by interacting with a player’s bank account and PayPal alone, making it an ideal choice for online poker players.
Neteller is considered one of the most popular and largest e-wallet options in the world for both deposit and withdrawal needs. The processing of withdrawals is fast, secure, and safe with transactions taking a few seconds to process. Poker players usually receive their winnings within 2 hours when using Neteller or Skill as their payment method.
EcoPayz is another brilliant e-wallet option that is quite popular for players residing in Canada and Europe. EcoPayz allows poker players to withdraw in a wide range of currencies with winnings going directly into an EcoPayz e-wallet account.
Skrill, formerly known as Moneybookers, is also a popular choice among online poker players as it allows for quick and easy withdrawals from most poker sites. The average withdraw turnaround time is between 24 hours and 48 hours to receive your winnings. Skrill is accepted in more than 200 different countries, making it another great choice for players across the globe.
Bank Transfers
Most of the popular poker sites will allow players to withdraw their winnings through a wire transfer. This is an ideal choice for high rollers that transact with large sums of cash for both deposit and cash-out needs. It’s worth mentioning however that wire transfer does come with a small fee every time you use wire transfer to either fund your account or request a withdraw.
eCheck is a fantastic withdraw method for players residing in Canada. eCheck ensures simple and safe cash-outs from most of the leading poker sites available online. Requesting a cash-in through eCheck usually takes up to 2 days to reflect the funds in your account.
Instadebit is renowned for being one of the safest and quickest payment methods in the world that are mainly used by Canadian players. Most poker sites in Canada will offer Instadebit for both deposit and withdrawals and players can expect their funds to reflect in their Instadebit account within 48 hours.
Cryptocurrency
5 Years ago, the idea of using a cryptocurrency to either fund or withdraw at a popular poker room was a mere pipe dream. However, within the last five years, more and more poker sites have been introducing this new form of payment method to online poker players. There are fantastic benefits to using a cryptocurrency on your poker account.
Firstly, cryptocurrencies like Bitcoin and Litecoin, ensures you receive your winnings almost instantly, and secondly, your personal and financial details remain anonymous. They also offer some of the lowest fees in the online poker community, and therefore players are making the switch every day to decrease the cost of transacting online. Bitcoin and Litecoin are the most popular cryptocurrencies when it comes to popular poker sites, giving players even more of a choice when they wish to cash-in.
Withdraw Methods – Frequently Asked Questions
1. Which payment method offers the fastest payouts?
E-wallet options have always been the fastest when it comes to processing your withdrawal. However, with the introduction of cryptocurrencies, the waiting period has been significantly decreased. Players can now expect their funds within minutes instead of hours or days.
2. How secure are cash-ins thought poker sites?
The question should be, how much do you trust the poker site you are registered with? The most reputable poker sites provide a high degree of safety by utilising sophisticated and modern security features such as secure databases and encrypted connections to store your financial information. Therefore, reputable poker sites offering fast payouts are every bit as safe as a well-known online store such as Amazon.
3. Can I withdraw my bonus immediately?
Most probably not. Most poker bonuses will come with a playthrough requirement that will first need to be met before a cash-in request will be approved. These playthrough requirements can be achieved by contributing a specific amount of rake that can also occur when playing cash games, as well as contributing a specific amount of tournament fees. At first glance, the playthrough requirements might look like a complete cop-out, but in reality, without these wagering requirements on the bonuses offered by poker sites, most players will simply register a new account, receive the bonus, and head towards the banking section without playing a single hand of poker at all. These limits are quite reasonable, but keep in mind that you will only have a limited time to complete the wagering requirements before the bonus expires. Once the playthrough requirements have been met in full, and within the given period, you are more than welcome to cash-in any winnings available in your poker account.
4. What if I encounter a problem with a withdrawal?
This is quite a board question that is quite difficult to answer. There are several reasons why a cash-in might be delayed, or you are unable to view the status of your most recent cash-in. The best advice we could give you is to contact support. If you are playing with a reputable poker site, you can contact the support desk via live chat, email, or telephone and they will be more than happy to assist you with your request. This will include updating you on your cash-in and providing helpful information on when you can expect to receive the funds.
5. What is the most secure payment method?
Withdrawing your funds from a poker site to either an e-wallet or a cryptocurrency is always the most secure, and safest methods when taking out your winnings from a poker room. When using an e-wallet or cryptocurrency, there is no need to provide the poker room with any additional financial information such as copies of your credit card, proof of address, or passport and driver’s license to verify your account.
