Instant Bitcoin Casino Payouts

Satoshi's Secret Slots

When you get a big online casino win, the last thing that you want to do is wait on your funds. Unfortunately, waiting is the norm when you're dealing with payment processors. PayPal, for example, makes you wait 3-5 business days before funds hit your account. Obviously this isn't ideal, which is why you should consider using Bitcoin at Flash casinos. Bitcoin casino payouts are made instantly, meaning your money is available for use immediately after cashing out. You can see more on why Bitcoin payouts are made instantly below along with why processors take so long.

Why Are Bitcoin Payouts So Fast?

To answer this question, let's first start with a blockchain, which is a public ledger for Bitcoin transactions. The blockchain approves your transactions and helps ensure that Bitcoin balances are correct. This process is virtually immediate because you don't have to wait on third-party companies and their employees to look over your transactions.

Another aspect that speeds up Bitcoin casino payouts is that you don't have to go through a verification process. Online casinos usually ask for a copy of your ID and 1-2 utility bills to verify your identity before payouts. Because Bitcoin is safe, anonymous and secure, you don't need to hassle with sending your ID and utility bills.

Why Do Payment Processors Take So Long?

The problem with using a service like Neteller, PayPal or Skrill is that transactions have to be verified. These services don't want to approve a fraudulent transaction and create a mess for themselves. The downside to this process, other than the waiting time, is that processors can also hold your money when they see fit. If PayPal or another service thinks that your transaction looks suspicious for some reason, they may hold the money and keep reviewing the matter. This is the total opposite of what you want when trying to make a quick withdrawal.

No Transaction Fees

Yet another problem with making casino cashouts through banks, processors and cards is that you get hit with transaction fees. These companies aren't processing your online casino payouts due to generosity - they're doing it to make a profit. One can't blame financial institutions because, for years, they've helped online casinos and players make transactions with each other.

But now that Bitcoin is here, you no longer have to worry about paying transaction fees at online casinos. The blockchain is a public service that doesn't take a percentage of your casino withdrawals, allowing you to play fee-free at Flash casinos. Combining this with how Bitcoin payouts are instant, there's no better way to do your real money gaming these days.