Fastest payout online casinos in Nigeria 2024
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With the rapid growth of the iGaming industry, real money online casinos constantly compete for players’ allegiance aggressively. Thus, many operators seek ways to make their platforms more appealing and user-friendly. For instance, as a player, there’s nothing more frustrating than waiting for an eternity to have your winnings credited into your account. Out of this need, quick payouts have become a key success factor for most casino operators, and hence, they have begun to cut their payout timelines. Luckily, this article has rigorously vetted and identified the fastest payout online casinos in Nigeria with quick withdrawals to save you the hassle.
It isn’t very comforting when you’ve made a withdrawal request but still have to wait almost a lifetime to have funds in your account. In NG, the fastest payout casino sites process their payout requests in less than 24 hours and charge zero to nominal cashout service fees, among other perks. This review will give you tips on getting online casino payouts faster, outline the cashout rules in Nigerian online casinos, and highlight the best and fastest withdrawal options, among other relevant details.
Fastest Payout Online Casinos APRIL 2024
Casino Welcome Offer Rating Bonus Visit 1 
22 Bet ReviewGet up to $300 on your first deposit! $300 
Play now! 2 
GGbet ReviewUp to $1000 on your first three deposits! $1000 Play now! 3 
N1 Casino Reviewup to $400 on your first four deposits! $400 Play now! 4 
Paripesa ReviewGet up to NGN750,000 on four deposits! NGN750,000 Play now! 5 
Betwinner Review$1500 on your first four deposits! $1500 Play now! 6 
1XBet ReviewUp to ₦150,000 on four initial deposits! ₦150,000 Play now! 7 
Zodiac Bet ReviewGet up to ₦440,000 on four deposits! ₦440,000 Play now! 8 
BC.Game ReviewUp to ₦101,630,000 bonus on four initial deposits! ₦101,630,000 Play now! 9 
Bitkingz ReviewGet up to 20% cashback every day! 20% cashback Play now! 10 
BitStarz ReviewClaim up to ₦230,000 on your first four deposits! ₦230,000 Play now! 11 
Wazamba ReviewUp to ₦250,000 on the first deposit! ₦250,000 Play now! 12 
Nine Casino ReviewUp to ₦225,000 on three deposits! ₦225,000 Play now!
Written & published:
26.03.2023 By author
Wilfred K.
Reviewed & updated:
11.04.2024 By gambling expert
Richard B.
Tips to getting online casino payouts faster
Whether a regular or occasional player, you probably know how comforting it is to have your winnings immediately paid out. Receiving your cash after submitting a withdrawal request gives you a sense of security and gratification. However, you can take a few particular measures to get your winnings withdrawn a bit or much quicker than usual. Below are some of the mentioned ways.
Submit documentation in advance
In fast withdrawal casinos in Nigeria, you must complete a mandatory KYC verification before submitting your first withdrawal request to avoid delays during cashout processing. This process verifies your identity and ensures you’re of legal age. To complete the KYC process, casino sites request players to submit certain scanned personal documents such as a government-issued ID, driver’s licence, or passport (to verify your identity), a recent utility bill to show proof of address, and an online bank statement to establish the source of income. To expedite future withdrawals, performing this procedure during account registration is best.
Progress across VIP tiers
Fast payout casinos in Nigeria usually have a rewarding VIP/loyalty program with several levels. Players must earn points and advance through the ranks to qualify for special offers. As you progress through the levels, you will access exclusive benefits such as higher cashout limits, speedy payouts, dedicated personal managers, exclusive bonuses, etc.
Check casino cashout times
Withdrawal times vary depending on the online casino. Some online casinos, for instance, have withdrawal processing times of three business days, others five days, and so on. You should always fully understand the terms and conditions of each online operator before picking a favourite. Based on the casino’s withdrawal times, you can decide whether to open an account with them or continue looking. You can contact the customer support team for assistance if you can’t find the withdrawal times in the casino’s policies.
Check cashout times of payment options
Most casinos with fast withdrawals in NG usually offer numerous payment methods. However, each option features different withdrawal rules and conditions. E-wallets, mobile payment, and crypto alternatives offer instant payouts, whereas bank transfers can take up to five business days before funds are floated into your account. It’s always best to know your banking option’s withdrawal speed.
Withdrawal from an online casino in Nigeria
One of the most interesting elements of playing at an online casino is the ability to withdraw your winnings after hitting a large jackpot or winning a significant amount of money. However, you must first undergo the casino’s withdrawal process before using your newly earned cash. Each online casino, including a fast payout online casino in Nigeria, has its cashout process and policies. Generally, requesting a withdrawal is a simple and quick procedure. Please note that the process is also heavily influenced by your banking option. Nevertheless, below is a breakdown of how to go about the whole procedure.
Visit your casino’s official webpage on your desktop or mobile web browser and log in
Proceed to the banking/cashier section, and click the “withdraw” icon. You’ll be presented with a list of banking options.
Choose your ideal withdrawal method, depending on your preference and proceed
In this case, you should consider a method that you can trust and will have you receive your cash fast. Furthermore, some online operators require players to pick the same banking alternative used to deposit, although not all options allow withdrawals.
A new window will pop up, and you’ll be required to enter your banking details and the amount you wish to withdraw
Once you have filled in the accurate information, click the “confirm” button to submit your request. Please note that your withdrawal amount must be within the casino’s and banking option’s cashout limits.
The next action is to wait for the online casino to process your withdrawal request
Depending on your safe and secure casino operator, this stage may include KYC verification to confirm your identity, especially if it’s your first withdrawal. The KYC process usually takes between one to five business days. Performing the procedure before your withdrawal request is always recommended for first-time payouts to speed up the process.
Upon approval of your withdrawal request, the operator will release your funds to the payment service provider you chose and credit the funds into your account. You should note that the withdrawal processing times vary from one payment processor to the other. E-wallets, mobile payments, and cryptocurrencies are often the fastest.
Cashout rules in Nigerian online casinos
Withdrawal terms and conditions vary significantly among online casinos with fast payout in Nigeria. Every casino site has cashout rules that players must comply with for their withdrawal requests to be approved. Reading them before signing up with any online casino in NG is always advisable. Some standard cashout rules you might encounter in Nigerian online casinos include
- Payout processing timelines
- Cashout limits on a daily, weekly, and monthly basis (Minimum and maximum)
- Mandatory KYC verification process
- Allowed daily, weekly, and monthly withdrawal frequencies
- Bonus wagering requirements that you must meet before submitting any payout application
- Transaction service fees that your online casino may charge you
These are some essential standard cashout rules you might encounter before withdrawing your winnings from the best fast-payout casinos. With that said, let’s take a closer look at some of the most common policies in NG online casinos.
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Withdrawal fees in fast payout online casinos
It’s common for online casinos to charge transaction fees on withdrawals. In addition, as previously mentioned in the article, you may be required to cash out your winnings through the same payment option you used for your first deposit. Although you may be able to fund your player account with no additional service fees (free), submitting a payout order may be a different issue altogether. Therefore, if you get lucky and win while enjoying your favourite slot title, remember that you may be subject to service charges whenever you withdraw your winnings.
To avoid surprises in the future, it’s always recommended to read through the online operator’s payment terms and rules or contact the customer support team for clarification before performing any transaction. Safe and reputable online casinos with fast withdrawals in Nigeria allow their players to deposit and cash out without any charges. Please note that you may be subject to transaction fees from the banking institution processing your payout or your payment service provider. Moreover, some fast payout online casinos in Nigeria may not charge fees for payouts made using particular payment options, such as pay-by-phone, e-wallets, cryptocurrencies, etc.
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Withdrawal limits
When it comes to payouts, withdrawal limits are also crucial before signing up for an account at an online casino. Most online operators usually have a daily, weekly, or monthly cashout minimum and maximum limit. The maximum limits may not affect you as much if you are a low roller because these thresholds are usually set in the millions of Nigerian nairas monthly. Nevertheless, some high rollers can quickly reach the cap, and their money gets stuck at the casino site for the foreseeable future.
Therefore, it is always worth looking into any potential limits that may cause you difficulties in the future when cashing out. The standard daily cashout amount for most online casinos with fast payout in NG ranges between NGN 40,000 and NGN 2,000,000. In addition, the monthly withdrawal limits vary from NGN 2,500,000 to 25,000,000 nairas. Nevertheless, some online operators make exceptions to these limits. The highest-level VIP players may also be exempted from withdrawal constraints in some cases.
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Withdrawal pending time
When you initiate a withdrawal at a new fast-withdrawal casino, numerous factors are considered to determine how long your cash will take to transfer to your banking option. First, you should be aware that a casino operator must review every withdrawal request before it can be approved and credited to the gambler’s account. It’s mostly performed automatically, but some transactions may be checked manually. These pending times differ from one casino site to another. Some of the best online casinos with fast payouts have procedures in place to approve most cashout requests almost instantly, while others may hold your funds for up to three business days for review. However, it may take longer, and if it takes more than five days, we strongly suggest contacting customer support to enquire about the status of your withdrawal. In such instances, it’s most likely due to missing verification documents in your gambling account.
Once the online casino’s payment department has approved your withdrawal request, the time it takes for the funds to be credited to your account highly depends on your withdrawal option. The best fast payout casinos in NG typically have a pending timeline of 24 hours or less. Furthermore, most e-wallets, cryptocurrencies, and mobile payment options take only a few seconds or minutes to process.
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Player’s identity checks in online casinos
By law, all legally registered casinos that offer fast withdrawals must verify their players. This process is mainly conducted for security reasons. The online operator is usually curious about who its gamblers are and whether they’re imposters. In addition, the verification procedure is used to track down players who aren’t of legal age and prevent financial fraud. This process is critical when it comes to withdrawals since that is usually when the validation is performed. For the procedure, an online casino will request players to upload copies of some confidential documents. This verification process is popularly known as KYC (Know Your Customer).
The best fast payout casinos usually request players to upload a scanned copy of a government-issued ID, passport, or driver’s licence to confirm their age and identity. You should ensure that the document’s validity period hasn’t expired. Additionally, you’ll be required to provide a recent utility bill (not older than three months or 6 in some cases) as proof of physical address. Lastly, the operator will ask you to upload a copy of your bank statement to prove account ownership and show your source of income. This KYC verification procedure usually takes two to three days, so performing it during account registration is always recommended to hasten your payouts.
Best and fastest withdrawal options
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Crypto and stablecoins
In today’s online gambling market, numerous online casinos offer a wide range of crypto payment options. These crypto methods provide more instantaneous payouts, and some might have zero to low transaction charges compared to other banking methods. Although not common, some online casinos only support cryptocurrencies and not any other payment options. On the other hand, stablecoins are digital currencies whose price values are pegged to other stable securities to tackle the price volatility challenges that cryptocurrencies face. Some popular crypto and stablecoins include Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Tether (USDT), and Binance Coins (BNB).
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Naira Mastercard
The Naira Mastercard is a GTBank product. It’s a Naira-denominated debit card issued by the bank in partnership with Mastercard Worldwide. The card can be used for ATM cash withdrawals and settling purchases/payments via POS terminals. Fortunately, the Naira Mastercard is accepted locally and can be linked to your current or savings account online and in real time. Players can transact safely because the card has security features such as Chip and PIN technology which guards against unauthorised transactions and third-party access. In addition, Naira Mastercard uses Card Secure, an additional verification feature for online transactions.
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OPay
OPay is a one-stop mobile-based platform that offers customers payments, transfers, loans, savings, and other essential services. The company provides a system that simplifies payments, offers charge-free transactions, makes savings more rewarding, and gives cashback on airtime and data top-ups. With 100% network uptime, you can make payments in seconds without transaction failure. Furthermore, your banking data is stored and encrypted using strong cryptography. The company also complies with PCI DSS, meaning all your transactions are encrypted and secured.
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Quickteller
Quickteller, the flagship product of Interswitch, provides a convenient way to make and receive payments by aggregating service providers on one easy-to-use platform. Customers can access an extensive selection of businesses and make payments quickly and efficiently across numerous banking channels through this platform. Similarly, merchants such as online casinos can accept payments directly from players across different channels and in various payment formats like debit cards and QR Codes.
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Interswitch
Interswitch began operations in 2002 as a transaction switching and electronic payments processing company. Since its inception, the company has built and managed an excellent payment infrastructure across Africa. This has enabled it to deliver innovative payment products and transactional services throughout the continent. A big part of what the company does is to break down barriers, ensuring that businesses such as online casinos can serve their customers how and when they want to. Interswitch offers a broad range of integrated payment and commerce solutions, including Verve physical and digital payment tokens and its flagship value-added service, Quickteller.
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Neteller
Electronic wallets (e-wallets) are popular among Nigerian players in fast payout casinos. Neteller is one of the earliest and most successful e-wallet payment systems used for online gambling. It allows gamers to deposit and withdraw funds in one account without providing their bank account information to the online operator. This payment method is well known for its fast and secure transactions that apply data encryption technology.
Visa
It’s an American-based banking institution that provides NG players with an easy and convenient payment option. Gamers don’t need to create an additional account with the online casino; you simply enter your credit card number, and you’re good to go. In addition, Visa offers swift, secure, and charge-free transactions for online players.
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Internet banking
Internet banking, also known as online banking, is an electronic payment system offered by banking institutions worldwide. It allows its users to pay bills, shop and send money to other individuals online without visiting the bank’s office. Internet banking is a preferred payment alternative for most players because it provides convenience, reliability, and secure transactions. You can quickly transfer cash from your desktop or mobile device if you have signed up for online banking services with your financial institution. In addition, online banking allows you to keep track of all your transactions and clearly understand your finances over time.
Conclusion
The online gambling industry is rapidly expanding, with hundreds of new online casinos emerging every year. Top casino operators provide reliable and widely accepted banking methods. Apart from the extensive list of payment options, most online casinos offer instant deposits and fast payouts, allowing players to have an exciting gambling adventure. However, there aren’t many casino sites that process cashout requests at favourable timeframes. This article has provided a well-vetted list of the fastest payout online casinos in Nigeria, given a breakdown of online casinos’ withdrawal process, tips for getting online casino payouts faster, and highlighted the best and fastest withdrawal options.