Sports fans have been introduced to a huge selection of Olympic events including traditional track and field, swimming, gymnastics and team sports, which have all provided entertainment to millions of viewers worldwide.
This year saw breaking debut and welcomed sports back for their second Olympics, including skateboarding, sport climbing and 3×3 basketball.
Viewers have been able to catch up on highlights or tune in to watch the action from their favourite events live.
Still, there are some occasions during the Olympics when events run simultaneously or quickly after one another.
While this can pose a challenge to viewers, it can be an even bigger issue for bettors who rely on fast payouts so they can back actions across the board or withdraw winnings. This is where instant withdrawal casinos can come in useful.
What are instant withdrawal casinos?
Instant withdrawal casinos remove waiting times for consumers who want to withdraw winnings from online casinos.
Processing times, security protocols, and other factors can cause delays to payout times, unfairly withholding players’ money.
Instant payout casinos provide a speedy alternative with some offering other benefits on top of instant withdrawals, including safe banking methods, high betting limits, and great weekly cashback offers. (Source: https://instantcasino.com/)
How instant withdrawal casinos work
Online casinos require players to deposit funds to play, they will typically require some form of verification to prove who you are and that you are old enough to gamble.
Verification processes also adhere to anti-money laundering regulations to ensure users aren’t trying to process the proceeds of crime to make it look like legitimate earnings.
When a customer puts in a request to withdraw funds from their account, the casino will start the process of checking whether any terms or conditions were violated.
This can include the use of bonuses or offers that require the customer to play through the additional funds that have been added.
Some online casinos may also operate a minimum or maximum withdrawal amount that can also affect payout times.
Finally, the payment method you choose can also impact the time it takes for payments to be processed by the casino and third parties.
In some cases, traditional online casino payouts can take between 3 and 5 working days to fully process and clear.
Instant withdrawal casinos use state-of-the-art automation to significantly cut the time it would take for manual checks, with the average time taken to payout reduced to under 24 hours in most cases.
The benefits of instant withdrawal casinos
Online gambling sites and apps provide sports fans with an excellent choice, with some specialising in particular sports and markets, and consumers having the ability to find the best odds for their preferred selections.
We have taken a look at some of the top benefits players can enjoy from instant withdrawal casinos below.
Quick access to winnings
The most obvious benefit of using instant withdrawal casinos is that players do not have to wait as long for their winnings which can then be used or invested elsewhere.
Improved player experience
The consumer experience is made up of different factors including the quality of and choice of games, to how easy a site is to use.
Quick payouts and a choice of payment methods provide a great level of convenience and reduce the stress associated with waiting for payments to clear.
Improved trust
Fast and transparent transactions show that casinos are trustworthy and in a position to facilitate quick payments, improving trust and credibility.
Advanced technology for payments
Fast-paying casinos make use of state-of-the-art technology to facilitate payments and will typically facilitate a wider range of payment methods.
Improved international transactions
Online casinos can be accessed from players around the world and fast international payments and different currency options make it easier for consumers in different countries.
Conclusion
Finding fast payout options for crypto gambling sites and traditional currencies is guaranteed to improve the user experience.
Nobody wants to wait around for a payout after a big win, and being able to access your funds quickly will give you greater freedom to continue gambling or spend elsewhere.