One of the most important aspects of any operator for customers is how fast the available withdrawal methods are. With so many sportsbooks, an average withdrawal time can take different time spans. That’s why we’re here to tell you about the fastest payout sportsbooks, as well as which elements you should focus on in order to select a brand with the most efficient withdrawals.
- Criteria for Choosing Sportsbooks with Fastest Payouts
- Top 5 Sportsbooks with the Fastest Payouts
- Which Sportsbook Offers the Fastest Withdrawal?
- Benefits of Using Fastest Payout Online Sportsbooks
- How to Speed Up Your Withdrawals
- Security and Reliability in Fastest Payout Sportsbooks
- Customer Support and Fastest Payouts
- Final Thoughts on Choosing the Fastest Payout Online Sportsbooks
- FAQ
Criteria for Choosing Sportsbooks with Fastest Payouts
When picking an operator with the fastest sportsbook payouts, you may want to consider several different factors. First, brands have different available withdrawal options. You should look for brands with payments with quick processing time. Some of them are e-wallet payments such as PayPal, or other similar methods.
Another aspect you should take into account is withdrawal limits. It goes without saying that the larger the amount of funds you want to withdraw, the longer the expected waiting time will be.
It’s basically the same with potential withdrawal fees. In case a sportsbook charges certain fees for a particular withdrawal option, this may take time and prolong a requested withdrawal period.
Lastly, we advise you to complete the Know Your Customer procedure (KYC). This process is all about letting a brand know your identity and providing all the necessary information about yourself and your payments. This way, sportsbooks can verify your identity and complete the payout without additional verifications, which may make the whole transaction last longer.
Top 5 Sportsbooks with the Fastest Payouts
Our thorough research resulted in a comprehensive list of the top five sportsbooks: bet365, BetRivers, BetMGM, DraftKings, and Caesars. As you may know, bet365 is one of the most popular brands in the region, which offers a large number of fast payout methods.
BetRivers withdrawal time is also among the fastest ones. With Play Cards, BetMGM also provides you with swift withdrawals, which can be completed within a few hours. If you choose the Cash at the Cage feature on the DraftKings platform, you’ll also have funds at your destination very soon after.
Lastly, Caesars also offers quick payouts with methods such as PayPal. You can refer to the table below and have an overview of these operators and their payout options.
| Brand | Average Payout Time |
| bet365 | Instant |
| BetRivers | Instant |
| BetMGM | Within a couple of hours |
| DraftKings | Around one hour |
| Caesars | After several hours |
Which Sportsbook Offers the Fastest Withdrawal?
According to our research, the fastest payouts for online sports betting depends largely on how you will be withdrawing your money. While all of the above-mentioned websites offer a 24-hour turnaround time for payout via certain methods, some of the payout methods they offer can actually take up to 14 days!
The best sportsbook for fast payout, then, will largely depend on what type of payout you require.
For example, The William Hill Sportsbook is one of the fastest payout sportsbooks if you want a cash payout between $10 and $5000 dollars as they offer that immediately. Bank transfers, on the other hand, can take a lot more time.
Similarly, the Sugar House casino offers immediate cash pickup at the Casino Cage, though a check by mail can take up to 14 days to arrive in your mailbox. SugarHouse Casino does, however, offer a helpful prepaid card that will allow you to access your funds immediately.
Lastly, the FanDuel sportsbook offers Paypal payouts that take anywhere between 24 and 48 hours while their prepaid card allows your winnings to settle into your account in a period between 24 and 36 hours. Any of these three online sportsbooks can be considered to be the fastest payout sportsbook depending on how you prefer getting paid.
1. bet365
Over the years, bet365 has become one of the most trustworthy online sportsbooks with the fastest payouts. Among the many available withdrawal options it has, you can use the fastest ones, such as Skrill and PayPal. While these methods may bring pretty fast payouts, other options are swift as well.
| Withdrawal methods | Conditions | Payout speed |
|---|---|---|
| Cash at the Cage | You must show your ID during the payout process. | Instant |
| Debit cards (Visa, Maestro) | A card has to be issued by an approving bank. | 1-4 hours |
| Credit cards (Visa, Maestro) | Only authorized banks can offer such cards. | 1-5 working days |
| E-wallets (PayPal, Skrill) | An additional ID verification may be requested. | Within 24 hours |
| Bank transfer | Some transactions may take longer to finish due to online access to the bank needs to be allowed. | 1-5 working days |
2. BetRivers
If you want to jump straight to the immediate withdrawals, you can opt for the BetRivers Play+ Card. This card is a revolutionary payout method as it’s the only option on this platform that boasts instant processing time.
In the event that you don’t opt for this method, you can use PayPal as an alternative. PayPal’s average withdrawal rate is around 30 minutes, which is amazing. Additionally, you may want to use the same options for depositing and withdrawing. In such cases, we recommend using PayPal as it is fast and efficient.
On the occasion that you need a helping hand, this operator’s customer service will be at your disposal. You can use the live chat feature, send an email, or give them a phone call.
| Withdrawal methods | Conditions | Payout speed |
|---|---|---|
| BetRivers Play+ Card | You may need to verify your identity with your ID, which may slow this process down a bit. | Instant |
| PayPal | ID verification is obligatory. | Up to 30 minutes |
| ACH e-check | You must have a bank account for this transfer. | Up to 2 days |
| PayNearMe | Verifying your identity with your ID is mandatory. | Within five business days |
| Cash at the cage | ID verification is necessary. | Up to 24 hours |
3. BetMGM
BetMGM is one of the fastest payout online sportsbook operators currently on the market. They have lots of instant methods that will make even the most impatient players happy. If you are doing well and manage to get to a hefty amount of wins, you can easily move those funds to your bank account.
We can honestly say that BetMGM truly embodies the spirit of helping bettors with their banking options. They have lots of them, allowing users to determine based on their preferences and setting their betting experience in the way that matters the most to them.
| Withdrawal methods | Conditions | Payout speed |
|---|---|---|
| Play + Prepaid Card | Internal processing may take up to a few days, and ID verification is needed. | 6 hours or shorter |
| Online Banking | This method may require additional processing, which may take up to five days. You will also need a bank account with online access. | Up to 2 days |
| PayPal | Verifications may take up to five business days. ID verification is obligatory. | Less than 24 hours |
| Cash at the Cage | The maximum internal processing time for this method is five days. | 24 hours or less |
| PayNearMe | Additional verifications can last for up to five business days. ID or document verification is mandatory. | 3-5 working days |
| Apple Pay | Internal processing time may last up to five working days. Customers also need to verify their identity. | Up to 24 hours |
| VIP Preferred e-check | This option may require processing that may last up to five business days. Bettors need to complete ID or document verification in order to use it. | Up to 2 days |
4. DraftKings
Anyone who prefers withdrawal options like e-wallets and bank transfers will probably find DraftKings interesting. Besides, this operator also boasts some methods with very quick processing time.
| Withdrawal methods | Conditions | Payout speed |
|---|---|---|
| Cash at the cage | You may need to wait a bit before some withdrawal requests get approval and also verify your identity. | Up to 1 hour |
| PayPal | A PayPal account and verification are needed. | Within 24 hours |
| Venmo | Users need to finalize an ID verification and have a Venmo account. | Up to 24 hours |
| ACH e-check | Having a bank account is obligatory, and some withdrawal requests may take longer to process. | Up to 2 days |
| Online Banking | Players must have a bank account for this option and be aware that approvals for this method may take a considerable amount of time. | Within 24 hours |
5. Caesars
Caesars sportsbook withdrawal time can be as quick as a couple of hours. This brand offers a wide range of different payout options. Among them, the most popular ones are prepaid cards and e-wallets.
| Withdrawal methods | Conditions | Payout speed |
|---|---|---|
| PayPal | A PayPal account and verification are needed. | Up to several hours. |
| Play + Prepaid Card | Some approvals may take a bit longer, with ID verification being mandatory. | Within 2 days |
| ACH e-check | ID verification and a bank account are a must. | Up to 2 days |
| Neteller | Players should have a Neteller account and be ready for approvals, which may take a bit of time. | Within 24 hours |
| Cash at the cage | Approvals may last a bit longer, with ID verification being the main requirement. | Up to 24 hours |
Benefits of Using Fastest Payout Online Sportsbooks
Using a sportsbook with fast payouts is advantageous for various reasons. Once your bets result in success, fast payouts allow you to have the winnings on your account balance soon after.
This further means that you can use the winnings from your previous bets for more bets if that’s your strategy. On the other hand, the faster your payouts are, the sooner you can request a withdrawal. In both cases, fast payouts allow you to avoid the frustration that long payouts may cause.
How to Speed Up Your Withdrawals
There are a few ways to speed up cash out on betting sites. First of all, you should make sure to provide the correct information during your registration. This is about completing the KYC procedure, as you will need to share all the necessary details about your identity and your payments with an operator that you choose.
In addition, speeding up your withdrawals also requires picking the fastest withdrawal method. For instance, you can select e-wallet or cryptocurrency options. Some of the withdrawal methods from this category take only a couple of hours to complete or are almost instant.
Not only that, but we also suggest that you get familiar with a brand’s withdrawal policies. In other words, you should know that some sportsbooks require you to use the same deposit and withdrawal options.
It may happen that you pick a payment method when withdrawing funds that is different from your withdrawal methods on such a platform. This may prolong your withdrawal, as you will need to switch to the withdrawal option that you are allowed to use.
Our tip is that you can request withdrawals early in the day instead of late at night. Some platforms may not process payments after a certain point during the day. Even if they did, banking processes always take place during particular working hours. The same goes for non-working days (weekends, holidays, etc.).
Security and Reliability in Fastest Payout Sportsbooks
Finding a reliable sportsbook is by far the most important aspect when it comes to betting. More specifically, what you should look for is a licensed brand that operates according to all the rules and regulations in your region.
Once you find such an operator, you can check user reviews about its overall quality and the experience customers had with it. Plus, you can get an insight into the available payment options, as well as their security, speed, and effectiveness.
Joining sportsbooks with the fastest payouts is important, but you should never compromise speed for security. So, being the number one priority, security is something that comes before payout speed when you need to choose a fitting brand.
Customer Support and Fastest Payouts
Another major aspect that goes hand in hand with fast payouts is a sportsbook’s customer support. More precisely, you may encounter certain issues or delays when requesting payouts.
That’s when reliable customer service jumps in. Customer support agents will do their best to help you sort out your payments, fix potential issues, cancel a withdrawal, and answer any questions you may have for them.
Final Thoughts on Choosing the Fastest Payout Online Sportsbooks
We concluded that signing up with the best online sportsbook for payouts can largely influence your overall betting experience. With fast payouts, you’ll have funds on your balance in no time and be able to make quick decisions regarding your bankroll.
Also, speedy payouts are stress-free as they are not complicated. It’s important to say that you should always look for a safe brand before using the speed of payouts as a criterion. After you pick a secure operator, you can check its available withdrawal methods and see if they suit your needs.
FAQ
The very end of our review features some useful questions and answers.
Some of the fastest-paying sportsbooks are bet365, DraftKings, Caesars, BetRivers, and BetMGM.
Cash at the Cage, Prepaid Cards, PayPal, and some cryptocurrency payment options stand for the fastest withdrawal methods for sportsbook platforms.
Payout speed may be different for different locations. But in most cases, it’s the same for all areas.
While the majority of operators don’t charge any withdrawal fees, some brands may do that.
Sportsbooks use services for transferring funds that are well protected. Operators have high-security measures on their sites, such as encryption, too.
You can speed up your payout process by requesting payouts early in the day and avoiding payouts during weekends or holidays.
