Internet gambling and payment methods go hand in hand. More often than not, when you are trying to figure out which casino has fast and worry-free withdrawals, you also want lightning-fast deposit methods. And nowadays, due to the technology advancements, you can even expect some casinos out there to pay out instantly. Most online casinos have recognized that players want instant withdrawal and deposits, and since speeding up their processes, there has been an influx of new players. When it comes to online casinos that operate in Chile, there’s plenty to choose from. First, let’s take a look at what methods allow for fast or instant withdrawal and deposit.
In the casino world, in order to unlock a withdrawal method, you first need to deposit using that method. It doesn’t matter if its 1 CLP minimum deposit or 5 CLP minimum deposit. If you deposited using PayPal, let’s say, you will be able to request a withdrawal on PayPal. The same applies for any other payment method. The most reliable methods are available for Kiwi gamblers in the form of e-wallets. Paysafecard, Trustly, Zimpler, and Boku are some of the more reliable deposit methods that also function for withdrawals. Some casinos will offer bonus codes depending on the deposit method.
When it comes to making a withdrawal, there are two things you need to consider. You need to make sure that the pay by phone casino sites you are playing at are willing to process your withdrawal as fast as possible, and you also need to make sure that the withdrawal method isn’t going to be lengthy. Pay by phone deposit method is almost instant, but the casino cannot send you money by phone, which means they have to send your funds using some other method, and that might not be as speedy.
Another hugely important aspect that one needs to keep in mind when trying to make a withdrawal is that some casinos will require documents before processing. This process is known as KYC (Know Your Client) internally, and some casinos request documents because of the laws in their jurisdiction. The best way to go around this issue is to create an account on a promising casino and simply send them your identifying documents. Come back once your account is verified, and you will be able to benefit from an instant withdrawal.
With options like Kiwi, you can play in a multitude of online casinos with licenses from various jurisdictions. However, knowing for sure that you will receive your payment cannot be guaranteed. The only reliable method of finding out what casinos pay out fast or immediately is to do your due diligence. Based on reviews and personal experience, we can state that as far as we are concerned, Mr Bet casino offers lightning-fast, if not immediate withdrawals. We tested it out with a credit card deposit and we requested a withdrawal right away. The withdrawal was processed within minutes by their accounting team. We had to wait for the bank transfer to complete, but that’s unavoidable. They also have a free spins no deposit keep what you win promotion going on, so pay them a visit!
Securing a casino that offers immediate payouts is only the first step in the process. You also have to make sure that you can score a win in order to have funds to withdraw. Let’s take a look at what real online casino games have the highest payout percentages so you can better plan your gambling session.
Blackjack is a little tricky because you need to pay attention to the payout percentage. The payout percentage might differ from casino to casino, but it will always be displayed once you open the game. There are two main payout percentages offered at online casinos. The 3:2 and the 6:5 payout structures are the most common ones. In the 3:2 payout percentage scenario, if you bet 10 CLP and win, you will receive 15 CLP when you win with blackjack. Without a blackjack you will receive 1:1 odds, which means that if you bet 10 CLP, you would receive 20 CLP.
For a single number bet on Roulette, the payout percentage is 35:1. That means you have a chance of 2.70% to win if you bet on European Roulette and 2.60% on American Roulette. Even/Odd, Red/Black or Low/High have a 48.60% payout percentage for European, respectively 47.4% on American.
Video poker has some of the highest payout percentages out there. Depending on the variant, it can range from 90% to 96% or even higher. It’s incredibly rare to find a video poker slot that dips under 90% payout percentage.
For a standard game of baccarat, the payout percentages are 44.62% that the player will win and 45.85% that the house will win. A tie happens 9.54% of instances and needs to be accounted for.
When it comes to slots, it highly depends on the slot itself and the provider. It ranges wildly from as low as 60% on super high volatility slots and can get close to 98% on low volatility slots. The payout percentage should be visible for each and every slot. It might be called RTP (Return to Player) depending on the provider.
What is a payout percentage?
Let’s assume you are about to gamble for 100 CLP. When your balance is depleted, you would have won a certain amount. That amount – be it 50 CLP or 150 CLP – will be considered your payout percentage. To summarize, it is a percentage of your initial deposit you would be getting back from the slot you just played.
How fast will the payout be?
That depends on the deposit method you have used. A credit card deposit is processed instantly, but in order to withdraw after such a deposit, the casino needs to process an international bank transfer. International bank transfers can take up to 10 days depending on which countries are involved, sometimes even longer. However, with Bitcoin and e-wallets, the funds reach your account immediately.
Do payout speeds vary from casino to casino?
Yes, they most certainly do. This is because in order to send you the withdrawal funds, an employee needs to verify the transaction. Therefore, some casinos process withdrawals much faster than others.
What is the highest payout casino game?
That would be Blackjack, hands down. If you don’t adopt any Blackjack strategy, you can expect a payout percentage between 97% and 98%. Applying basic Blackjack strategy makes the house edge become as low as 1%. That means that for every 100 CLP you play, you will receive casino rewards of 99 CLP back.
Which online casino has the best payout?
From what we have gathered from customer reviews and our own experience, we would say that Mr Bet casino has the best and fastest payouts. It is the best online casino to win real money available to Chile players at the moment.