Are you looking for instant withdrawal casino sites in Canada? You are not the only one! There are many Canadians who are looking to gamble online and receive their earnings fast.
In this article, we will help you find the fastest payout online casinos in Canada. Because, casinos that pay fast are usually the best ones after all.
How do we evaluate? We are not only looking for a smooth banking experience – although it is our main focus. We also look for the best bonus offers and terms, friendly and reliable support and diverse game libraries.
Because not all Canadian casinos worth your time, nor your money, you can get started by checking our top 5 online casinos with fastest payouts available in your region. These casinos have been tested and approved by our team:
In this review you will find...
⭐ Instant Withdrawal Casinos in Canada for 2024
1 BEST:OVERALL
Yukon Gold
Bonus Offer 150 FS + Up to $150 The minimum deposit is £10. The 125 chances are credited as £37.50 welcome bonus and players can spin 125 times at £0.30. A two hundred times wagering requirement applies on all bonuses and certain games contribute a different percentage to the wagering requirement.
Available Countries Doesn’t Accept players from United States
Bonus Offer 100% up to CA$100 + 50 Spins Automatically credited upon deposit. Cancellation can be requested. First Deposit Only. Max. Bonus £50. Maximum amount of Free Spins is 50. Game: Book of Dead, Spin Value: £0.10. WR of 30x Deposit + Bonus amount and 60x Free Spin winnings amount (only Slots count) within 30 days. Max bet is 10% (min £0.10) of the free spin winnings and bonus amount or £5 (lowest amount applies). Spins must be used and/or Bonus must be claimed before using deposited funds. Deposit/Welcome Bonus can only be claimed once every 72 hours across all Casinos. Bonus Policy applies.
Available Countries Doesn’t Accept players from United States
For fast e-transfers, you can also check casino banking with Interac, which works as an intermediary between your bank account and the casino operator. Fast withdrawals with good limits, without disclosing your bank details.
While deposits are in most cases free of charge and instantly processed, withdrawals may come at a certain cost and take a bit longer. E-wallets are typically the fastest withdrawal option and using them is in most cases free. You will then have to pay a fee to transfer the funds from your wallet to your bank account.
✅ If you prefer to remain anonymous (instant – 24 hs.)
If you want to keep your financial details private, the best option for you is Bitcoin and other cryptocurrencies.BTC online casinos allow you to make deposits and withdrawals in crypto without disclosing your personal details. In many cases, you don’t even need to verify your account. The registration only requires an email address and your name. That’s it.
Nowadays, many ewallets integrated cryptocurrencies in their platform, so it’s not difficult as it used to be.
✅ If you prioritize comfort (3 – 5 days)
Many players just want to log to the casino, play and cash out. They don’t care waiting 1 hour or 4 days to receive their earnings, or maybe just don’t have an e-wallet. They are more focused in the gaming experience and comfort.
For them, credit / debit and prepaid cards are the best option. Most online casinos accept VISA and fewer MasterCard, but you should be aware that withdrawals via credit cards are not so common.
⛔ Super Slow – Not Recommended (5 – 14 days)
Cheques and Wire Transfers are the slowest processing methods.
For lower sums, bank wire is simply not convenient: because it’s slow and has higher fees. There are certain cases where transferring directly to your bank account may make sense. For example, when you need to transfer higher sums and you don’t mind waiting a couple of days more. Always choose bank transfer in front of checks when possible.
🥇 Why Are Some Canadian Casinos Better Than Others
There are so many online casinos catering to Canadian players that it wouldn’t make sense to not go for the best. Some brands don’t meet industry standards. Others are simply shady or have unfriendly terms. At the same time, there are other online casinos offering fast payouts, multiple banking options, fair terms, jackpot slots and multiple software providers… There are huge differences between casino brands.
To guide you through finding the fastest payout online casinos for Canadians, we have compiled a list of features you should keep in mind when picking your next gambling destination:
1️⃣ “The License”
One of the indicators that a casino can be trusted is “The license” from a trustworthy authority. What is interesting here is that most online casinos own a license issued abroad.
It’s true that gambling in Canada is regulated by each province, but they mainly regulate land based activities. British Columbia, Kahnawake, Nova Scotia, Ontario and Quebec have their own gaming authority, but they focus in offline casinos.
Following the guidelines we published in our article about casino licenses and their value, you should look for strong names. For example, licenses from Kahnawake, UKGC and Malta are great, while licenses from Panama, Costa Rica, Curacao are not.
2️⃣ Encryption and Fairness – Third Party Monitoring
When it comes to the protection against cyber threats, players should pay extra attention. Each casino worth playing should utilise advanced technologies such as SSL encryption to make personal and financial data totally safe.
Other seals such as eCOGRA are of great help, ensuring players that the casino is fair, secure and monitored.
3️⃣ Fast Withdrawals
The way the casino processes your money can make a real difference between two different brands.
If all boxes named above are ticked and you have to wait for your withdrawal to be processed too long, it’s no use spending your time at a place like that.
So it’s always important to go for instant withdrawal casino sites in Canada, because you can. There are other regions like USA and Australia, where it’s so difficult to find a good operator, but not here. Canadians have many brands to choose from, you just need to aim right and fast payouts are the Achilles point. An operator that understands how important is to pay fast, is here to stay.
⚖️ Canadian Online Gambling Laws
The legal status of online gambling for Canadians is not clear enough and it is mainly referred to as “legal grey area”.
What that practically means? Well, that means that playing your favourite casino games online won’t get you in legal trouble. Especially in case you play at official provincial casinos, since in Canada gambling falls under provincial jurisdiction.
Internet does not recognize provincial boundaries, therefore Canadian players can access a plethora of offshore casinos. Many of these gambling sites are well regulated and based in other countries.
Those governments don’t try to curb online gaming as they benefit from the tax revenue. But in regards to what the law literally says, offshore casinos are not approved by Canadian authorities. However, law experts claim that there is nothing wrong in placing bets from Canada to offshore casino sites.
That’s good news because you can keep wagering on slots, poker or other casino games to your liking without worries.
If you want to be absolutely sure about your bets, you can stick to local online casinos. They prevent outside bettors from playing at them, but I honestly wouldn’t recommend it. There is such an amazing offer of Canadian friendly casinos, that I wouldn’t close the door. Offshore casinos offer more games, bonuses, jackpots and a complete gaming experience meeting international standards.
Nothing against local casinos. As usual, it pretty much depends on your gaming style.
❓FAQ
Is it safe to play at Canadian online casinos?
If you choose a reputable casino accepting Canadian players, you shouldn’t worry about safety as all of them use the latest security technologies protecting their players from cyber thefts or any kind of the third party interference.
Are online casinos legal in Canada?
Yes, although it is illegal for local casinos to operate within the territories, Canadian players can gamble at offshore casino sites in their local currency and profit from any bonuses offered at those venues. The only requirement is that the operator is registered to offer those services.
Do I need to pay taxes for my online gambling activities in Canada?
No, you don’t need to declare your gambling activities in Canada. You won’t need to declare any casino winnings within your territory.
What are the best online casinos with fast payouts for Canadians?
1. Slots Magic.
2. King Billy casino.
3. Bitstarz.
4. Bet365.
These are the brands that our Canadian visitors choose when searching for the best online casino in Canada (that also offer the fastest withdrawals).
Can I play for real money in CAD?
Yes, you can. Canadian players can choose from a wide array of online casinos accepting CAD and make all their payments, wagers and withdrawals in their national currency.
How do I deposit to a Canadian online casino?
To make a deposit, you need to choose a banking method which suits you best. Depending on the method you choose, you are expected to provide certain details and choose an amount you want to deposit. The money will be instantly added to your casino account and available for wagering.
What are the best withdrawal methods for Canadians?
As a Canadian casino players, you can make use of most payment methods available in the gambling world. Some of them will get your winnings faster, such as Instadebit or Interac, but you can also use Paypal, Skrill, Neteller and credit cards. Some online casinos catering to Canadian players also accept cryptocurrencies, so if you fancy crypto gambling, you should check our special section with the best casinos available.
How long it takes to get my winnings?
Timeframes depend on a withdrawal method you use. With eWallets, such as Instadebit, Skrill and Neteller it can and should be within minutes. With other methods it will be a bit longer.
Do Canadian casinos accept prepaid cards?
Definitely. You can fund your prepaid VISA card or Mastercard and then use it to deposit at your favourite Canadian friendly casino. Sadly, these cards are not useful when you need to withdraw your casino earnings, but you can choose an alternative method to do so.
How do I get casino bonus available for Canadians?
Canadians can choose between the best plethora of online casinos. If you reside in Canada, most of the bonuses available at any online casino will also be available to you. Feel free to double check the bonus terms, but I’m sure you could find a bonus every day – if you wanted to.