Top Fast Payout Casinos In Canada For 2024

Natasha Alessandrello

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Natasha Alessandrello

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Lee James Gwilliam

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Lee James Gwilliam

Senior Vice-President

Last Updated on 26th January 2024, 05:13 PM

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If you are looking for fast payout casinos in Canada, you are just one click away from the best sites that offer lightning-speed payouts to Canadian players! Continue reading this guide, where I’ll share with you the best online casinos I found, offering CA players fast, and even instant withdrawals. 

Top Fast Payout Casinos in Canada

CasinoBest For…Avg Withdrawal TimeCasino Bonus
TonyBet CasinoFree spins with no deposit, fast withdrawal1 – 2 Days25 No-deposit free spins when you sign up, and a 100% welcome bonus package up to $1,000 + 120 extra spins when you deposit
Barz CasinoGame provider selection1-2 daysWelcome package up to $1,500 + 130 free spins
Party CasinoBest for big withdrawals1-3 days100% Welcome bonus up to $1,000 + 50 free spins
BetVictor CasinoBest Payout Rate1-3 days100% Welcome bonus up to $1,200 + 50 free spins
Casimba CasinoBest Welcome Package1-2 days200% Welcome bonus up to $5,000 + 50 free spins

TonyBet – Best for No Deposit Bonus

TonyBet Casino is one of the best options for Canadian players. Over 5,000 games are available, with nearly 4,000 slots and 500 live dealer games. To achieve such a vast portfolio, TonyBet works with 60+ software providers. This includes some of the biggest studios in the industry, like Pragmatic Play, Play’n GO and Betsoft, as well as smaller suppliers like ELK Studios and Quickspin. 

When it comes to withdrawing your winnings, TonyBet is a fast payout casino, so you can expect to receive your money as quickly as possible. E-wallets, Debit/Credit cards, and cryptocurrencies are available, as well as Interac for Canadian players. The processing period at TonyBet Casino takes around 12 hours, which is quicker than most online casinos in Canada.

Thinking of signing up with TonyBet Casino? Well, now is the time because there is currently a 25 no deposit free spins bonus available when you sign up. Once you decide to take the plunge and add some funds to your account, you can claim the welcome bonus of up to $1,000 and 120 extra spins.

Read TonyBet Review 100% Welcome Bonus up to $1000 + 120 Free Spins
19+, New Customers Only, Play Responsibly, T&Cs apply. This offer is not available for players residing in Ontario. 18+, New Customers Only, Play Responsibly, T&Cs apply. Casino only. Bonus is 100% of first deposit, up to a maximum of €750. Minimum deposit of €10. Bonus must be claimed within 3 days. Wagering requirements apply. Bonus amount cannot be withdrawn.

Barz Casino – Best for Game Provider Choice

Another fast-payout casino which caters to Canadians is Barz. It supports local payment options like Interac and Interac e-transfer. If you prefer other options, Visa and Mastercard are available. Cashing out winnings takes around a day in most cases but can stretch up to three business days if you use Visa or Mastercard. 

Barz has plenty of casino games appealing to fans of slots, roulette, blackjack, and more. There is also a busy live dealer section powered by Evolution Gaming and other notable providers. As for overall game coverage, Barz works with over 100 software providers. Big brands like NetEnt and Play’n GO are available, as well as Rabcat, Hacksaw, and other studios. 

Sampling games from many providers is a wonderful way to explore slots and other casino options. You can start at Barz Casino today by clicking the link to claim the welcome package of up to $1,500 and 130 free spins.

Read Barz Review Welcome Package up to $1500 + 130 Free Spins
19+, New Customers Only, Play Responsibly, T&Cs apply. This offer is not available for players residing in Ontario.

Party Casino – Best for Big Withdrawals

Party Casino has a less extensive game selection for Canadian players but makes up for it with a high-quality collection of titles. Whether slots, RNG table games, or live dealer tables, Party Casino delivers a top-notch experience. Working with providers like Evolution, NetEnt, and IGT gives players access to the best games. Party Casino also has several exclusive games.

Payment options include Visa, Mastercard, Interac, and PayPal. Party Casino says it takes 48 hours to approve withdrawals, but it only took a few hours for me. E-wallet withdrawals are received within 2 days, while debit/credit cards can take up to 5 days. There is no maximum withdrawal limit on Party Casino, so if you win big, it is possible to cash out in one chunk. 

When you register as a new player with Party Casino, you can claim a 100% welcome bonus of up to $1,000 + 50 free spins.

Read Party Review 100% Welcome Bonus up to $1000 + 50 Free Spins
19+, New Customers Only, Play Responsibly, T&Cs apply. This offer is not available for players residing in Ontario. $10 min deposit, wagering 20x deposit + bonus.

BetVictor – Fastest Payout Rate

BetVictor is a legendary name in the sports betting and casino industry. When players in Canada access the site, they can choose between hundreds of slots. Providers like IGT, Microgaming, Evolution Gaming, and NetEnt are available. These are the biggest software providers out there. Smaller studios are also available, such as Realistic Games and Incredible Technologies. 

Whether you like slots, table games, or live casino games, BetVictor has a range of options, including exclusive games. Looking at payments, as a fast payout casino, BetVictor handles withdrawals within 1 day for e-wallets. However, it can take up to 5 days for card cashouts to land in your account, so the payment method you choose is important. 

A full welcome package is given to new customers at BetVictor Casino, consisting of a 100% deposit match up to $1,200 plus 50 free spins. 

Read BetVictor Review 100% Welcome Bonus up to $1200 + 50 Free Spins
19+, New Customers Only, Play Responsibly, T&Cs apply. This offer is not available for players residing in Ontario.

Casimba – Best Welcome Package

Casimba Casino offers 1000 or so games, including slots, live dealer titles, and other games from 40+ providers. Those include Evolution Gaming, NetEnt, Microgaming, NYX, Scientific Games, Quickspin, and more. 

Payment methods include Mastercard, Visa, Interac, Neteller, and Skrill. The latter two options provide fast payouts, with withdrawals taking under a day. However, be aware that deposits with Skrill and Neteller are not eligible for the welcome bonus. Other payment methods on Casimba have withdrawal times of between one and five days. 

Opening a new Casimba casino account comes with perhaps one of the most generous welcome packages for Canadian players. There is a huge 200% welcome bonus up to $5,000 plus 50 free spins.

Read Casimba Review 200% Welcome Bonus up to $5000 + 50 Free Spins
19+, New Customers Only, Play Responsibly, T&Cs apply. This offer is not available for players residing in Ontario.
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Your Guide to Fast Payouts: Contents

What are Fast Payouts?

Winning casino games online is thrilling, and it can also put your casino account in profit. But then you may ask yourself: “Now, how fast can I get my hands on the prize?” Cashing out your winnings is one of the best things about iGaming. Many players value being able to get their money as quickly as possible. Fast payout casinos offer speedy withdrawal times, so the wait between hitting your jackpot and getting the money in your pocket is as short as possible. 

Fast payout casinos are highly sought after, but unfortunately, not every brand that caters to Canadian players fits the bill. Many online casinos – even some top names – have a lengthy withdrawal process. From the casino approving the transaction to the money clearing in your financial account, the process can take between 1 and 5 days… sometimes longer! While a one-day turnaround is not bad, some sites will guarantee withdrawals within that time or less. 

These fast-payout casinos understand that players in Canada want their winnings ASAP. Using fast approval times and working with payment partners to ensure smooth transactions, fast-paying casinos get your money to you quicker than the rest. 

Fast payout casinos differ to best payout casinos, because they focus on the speed of the transaction rather than the amount that you can win.

What Are Instant Withdrawal Casinos?

Alongside fast payout casinos, some sites will go a step further and offer instant withdrawals. As you may guess, this is a rare find and may be limited to certain payment methods. An instant withdrawal casino streamlines the whole payment process. Approvals may be automated, so if the player meets preset conditions, the approval is given instantly. Then, the casino will release the funds to payment methods that handle transactions right away, such as e-wallets and cryptocurrencies. 

Why Do Casino Payout Times Vary So Much?

Fast-payout casinos make the withdrawal process appear seamless, but many behind-the-scenes factors influence how quickly you’ll get your money. 

  • Payment Method: Some payment services simply take longer to process transactions than others. For example, e-wallets are faster than debit or credit cards. That is why casinos can process payments to PayPal, Skrill, and Neteller faster than they can to Visa and Mastercard. 
  • Processing Time: Casino operators need to process payments on their end before releasing the funds to the payment provider. Some casinos are simply more efficient at doing this, while others may automate approvals. Approval times can fall within the range of a few hours to around three days. 
  • Time of Withdrawal: If the casino brand manually approves withdrawal requests, how long it takes to cash winnings can be affected by the time of your withdrawal. For example, the payments team may take longer to review and clear your withdrawal if you request during non-peak hours or holidays. 
  • Verification: Casino sites licensed by recognized regulators require customers to verify themselves before a first withdrawal and sometimes when making a large withdrawal. This means sending your ID and proof of address to the casino operator. If your casino makes such a request, it could take longer for your withdrawal to go through. 

How Payment Methods Affect Payout Speed

Clearing your transaction with the casino is just the first part of the withdrawal process. Fast payout casinos will process your request quickly, but it is then over to the payment method. Different financial services have different ways to handle money. This means that withdrawal times from casino sites in Canada can change from payment method to payment method. 

For example, credit/debit card giants Visa and Mastercard must go through more checks before releasing payments. This is because they are tied directly to your bank or a credit card issuer. Card payments must be checked by Visa/Mastercard and then by the bank/credit provider. E-wallets like PayPal and Skrill do not have the same connections across services and can process more quickly. 

Best Payment Methods to Use for Fast Withdrawals

Every casino player wants to win money and be able to cash out their winnings as quickly as possible. Fast payout casinos allow you to do that, but the payment method you choose will play a key role in withdrawing money. Below are some of the fastest payment solutions you can find at the best CA casinos:

  • PayPal: One of the largest e-wallets in the world, PayPal is one of the fastest withdrawal methods. Winnings you cash out from casinos that accept PayPal can appear in PayPal instantly. You can then move those funds to your bank or simply keep them in PayPal. 
  • Skrill: Previously known as Moneybookers, Skrill is an alternative to PayPal and works on the same principles, with fast deposits and withdrawals. However, it is worth noting that some casino bonuses do not accept Skrill as a deposit method. 
  • Neteller: A global payment processor that acts as a third party for digital funds, Neteller is a popular e-wallet. Available in many casinos, it offers faster withdrawals than debit/credit cards. Like Skrill, Neteller is not always eligible for casino promotions. 
  • Cryptocurrencies: Built on blockchain technology, cryptos are purely digital currencies that are increasingly accepted by online casinos. They offer decentralized anonymity and security, as well as instant payout. Notable cryptocurrencies include Bitcoin, Litecoin, Ethereum, and Dogecoin. 
  • Interac: Available exclusively to customers in Canada, Interac offers quick and convenient ways to manage funds online. In casinos, it has the extra benefit of securing your personal and financial information. Interac withdrawals are cleared within 24 hours on many fast payout casinos. 

Payment Methods To Avoid at Fast Payout Casinos

If your number one priority for a casino payment method is fast withdrawals, you should avoid the following methods. To be clear, each of the following deposit/withdrawal options has benefits in other areas, but they are not ideal for instant payouts.

  • Debit/Credit Cards: Visa and Mastercard are very convenient, always available, and have robust security. However, they take longer to process withdrawals than e-wallets and crypto. Most payouts with Debit or Credit cards take between 1 and 5 business days. 
  • Bank Transfer: The traditional route could be clearer for withdrawals. While you can cash out directly to your bank account, withdrawals take a long time. Most Bank Transfer payouts take around 3 to 7 days. 

How To Get Bonuses at Fast Payout Casinos

Fast payouts are a fantastic perk at any online casino, but it also needs to deliver in other areas, too. One area to stand out from the crowd is with Canadian online casino bonuses. There are thousands of casino promotions out there, but the number of genuinely great deals is much less. That’s because bonuses can often look generous but not live up to expectations because of tricky terms and conditions. 

By checking all the T&Cs, you can tell whether a promo is worth claiming. You can be sure that all the fast payout casinos recommended on this page have been thoroughly assessed, including their bonuses. Here are some of the most common types of bonuses offered:

  • No deposit bonus: A popular type of bonus, a no-deposit offer may include free spins or casino bonus funds. The principal factor is you will not need to deposit your own money to claim no-deposit offers
  • Free spins: Slot players rejoice because the free spins bonus is quite common and is often included as part of a welcome bonus. As the name suggests, the promo involves the casino giving players free spins on a specific slot game. 
  • Deposit match bonus: For this type of bonus, you will need to deposit your own money to participate. Although, this is the most lucrative type of reward. When you deposit, the casino will match it by a percentage amount. For example, a 100% match up to $500. 

Why Can Casino Withdrawals be Delayed?

Even at fast-payout casinos, there may be times when your withdrawal is delayed. This can be really frustrating, especially if you are waiting longer than the casino’s usual timeframe for cashing out winnings. There are several reasons why delays may happen, so let’s take a look:

  • Verification: You must verify your ID and address before withdrawing, and there may be delays in processing your documents. Maybe the documents you supply need further clarification/information. You can avoid these delays by verifying as soon as you register with the casino. 
  • Casino Processing: Each withdrawal you set up will go through approval by the casino operator. Sometimes delays happen, especially if the casino is busy and processing many requests at a time. It is worth contacting the casino customer support for further information. 
  • Non-matching Payment Methods: Many online casinos require players to withdraw with the same payment method as their last deposit. For example, if you deposit with PayPal, you will need to use PayPal the next time you cash out. 
  • Rogue Casino: Unfortunately, there are rogue online casinos out there. These sites may withhold winnings and take months to pay out. Luckily, this issue is avoidable. All you need to do is select a reputable and licensed casino brand, like the operators we list on this page. 

Tips For Fast Payouts

Thinking of joining a fast-payout casino? Here are some top tips to help you get your casino winnings as quickly as possible. 

KYC Verification

You need to provide your ID and address before your first withdrawal as part of strict Know Your Customer policies. To avoid any delays, do this as soon as you register. Simply scan or photograph your ID (driver’s license, ID card, passport) and proof of address (utility bills, bank statement, tax letter) and send it to the casino operator. 

Wagering Requirements

Most casino bonuses come with wagering requirements. This is a number that shows the amount of times you must play through the bonus amount before you can withdraw winnings. If you want to claim a specific promotion, it is important to only withdraw your winnings once you fulfil the wagering requirements. You can also check out our list of no wagering casinos in Canada if you want to learn more.

Payment Method Selection

E-wallets are the fastest casino payment methods for processing withdrawals, with some fast-payout casinos clearing payouts instantly. If you value rapid transactions, you will need to sign up for an account with a service like PayPal. Check with your online casino to see which e-wallets are available. 

Read Terms and Conditions

I get it; T&Cs are boring and frustrating to read. However, it is essential that you read the terms and conditions of the online casino. Start with the general T&Cs and then the specific conditions for payments and withdrawals. If you are claiming bonuses, always read the terms and conditions before you opt in. 

Pick the Best Casino

Don’t forget to choose from one of the top fast-payout casinos recommended on this page. These leading operators deliver in terms of games, bonuses, customer support, reputability, mobile support, and payments. 

Meet The Author

13 Years
Experience
Natasha Alessandrello
Natasha Alessandrello
Editor Editor

Natasha Alessandrello is a Senior Editor in the Casinos.com content team. She began her career as a Features Writer for several weekly and monthly magazines, and has a decade’s worth of experience in writing, researching and editing casino content. She is interested in all equine sports, and enjoys blackjack and the occasional game of poker.

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