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Online sportsbooks usually feature instant deposits. However, withdrawals aren’t as quick, and sportsbooks often need more time to process your payment due to various regulatory requirements.
It can be frustrating to have to wait weeks to get your winnings. That’s why finding sportsbooks with the fastest payouts is crucial.
We did a deep dive into the withdrawal methods and payout speeds of the best online sportsbooks in the U.S. to find the ones that get you your money the fastest.
Online Sportsbooks with the Fastest Payout Overview
Sportsbook | States | Payout Methods & Speed |
|---|---|---|
AZ, CO, IA, IN, NJ, PA | PayPal – Up to 48 hours Bank transfer – Up to 48 hours Play+ – Up to 48 hours Skrill – Up to 48 hours | |
AZ, CO, CT, IL, IN, IA, LA, MA, MD, MI, NJ, NY, OH, PA, TN, WY, WV, VA | PayPal – Up to 48 hours Bank transfer – 2 to 4 business days Check – 7 to 10 business days | |
AZ, CO, CT, IL, IN, IA, LA, MA, MD, MI, NH, NJ, NY, OH, PA, TN, WV, WY, VA | PayPal – 3 to 5 business days Check – 7 to 14 business days Bank transfer – 3 to 5 business days | |
CO, IL, IN, IA, KS, LA, MA, MD, MI, NJ, NY, OH, PA, VA, WV | Cash at cage – Up to 24 hours PayPal – 1 to 2 business days ACH/eCheck – 2 to 5 business days Online bank transfer – 2 to 5 business days | |
AZ, CO, IL, IN, IA, LA, MA, MD, MI, NJ, NY, OH, PA, TN, WV, WY, VA | Bank transfer – Up to 5 business days Cash at cage – Instant PayPal – Up to 5 business days Skrill – Up to 5 business days BetMGM Play+ Card – Instant Wire transfer – Up to 5 business days Check – Up to 5 business days | |
AZ, CO, IL, IN, IA, LA, MA, MD, MI, NV, NY, NJ, OH, PA, TN, WV, VA | Bank transfer – Up to 72 hours PayPal – Up to 72 hours Caesars Play+ Card – Up to 72 hours Cash at cage – Instant ACH/eCheck – Up to 72 hours Skrill – Up to 72 hours | |
AZ, CO, IL, IN, IA, LA, MD, MI, NJ, NY, OH, PA, VA | Bank transfer – 2 to 5 business days Cash at cage – Instant PayPal – Within 30 minutes BetRivers Play+ Card – Instant Check – 10 to 14 business days | |
CT, PA | Bank transfer – 2 to 5 business days Cash at cage – Instant PayPal – Within 30 minutes BetRivers Play+ Card – Instant Check – 10 to 14 business days | |
CO, VA | PayPal – Up to 4 days Play+ Card – Up to 4 days Bank Transfer – Up to 3 days | |
AZ, CO, IN, LA, MA, MI, NJ, NY, TN, VA | Bank transfer – Not disclosed PayPal (iOS only) – 48 hours on average WynnBet Play+ Card – Up to 48 hours Cash at cage – Instant ACH/eCheck – 3 to 5 business days |
How Long Do Payouts from Online Sportsbooks Take?
The time it takes to cash out your winnings varies depending on the sportsbook and the withdrawal method you pick. Some options are faster than others, just as some sportsbooks can process your payout quicker than others.
Let’s explore the average time it takes for the most popular withdrawal options to process your withdrawal.
PayPal
Average payout time from sportsbooks: Instant to 72 hours
PayPal is one of the most popular ways to send and receive money online. Most online sportsbooks accept it as a deposit and withdrawal option because it offers fast, safe, and convenient transactions.
>> Read More: Best PayPal Betting Sites
Online bank transfer
Average payout time from sportsbooks: 2 to 5 business days
This is a direct transfer into your bank account. You’ll likely be required to sign into the bank of your choice and to deposit and/or withdraw money. Most online sportsbooks work with all of the major banks in the U.S.
ACH/eCheck
Average payout time from sportsbooks: 3 to 5 business days
eCheck (short for the electronic check) is a digital version of the standard paper check. eCheck transfers are possible thanks to the Automated Clearing House (ACH) that directs debit from the customer’s bank account to the merchant’s business account.
Cash at the Casino Cage
Average payout time from sportsbooks: Instant to 24 hours
Since many online gambling platforms have land-based partners in each state where they operate, customers can make deposits and withdrawals by visiting the land-based partner casino and requesting a payout. This method is the fastest but it does require you to travel there.
Play+ Card
Average payout time from sportsbooks: Instant to 48 hours
Many online sportsbooks offer special cards called Play+ cards to registered users. Those who decide to use this payment method need to fund the card first before making deposits and withdrawals. Gambling sites often allow Play+ card users to withdraw their money faster.
Skrill
Average payout time from sportsbooks: Instant to 72 hours
Skrill is an electronic wallet, similar to PayPal. It has been around for 20+ years and is widely regarded as one of the best digital wallets. Skrill and Neteller are very similar services and are owned by the same company.
Physical check
Average payout time from sportsbooks: 7 to 14 days
Players can request the sportsbook to send them a physical check to their address. Unfortunately, this is one of the slowest withdrawal methods, as it sometimes takes more than 14 days to receive your money.
Venmo
Average payout time from sportsbook: Instant to 72 hours
If you deposit money to your account with Venmo, you can also use it to withdraw money. You can either pay with your Venmo balance or connect Venmo to your debit card/bank account. You can see Venmo betting sites here.
How to Withdraw Money from Your Sportsbooks Account
The process of cashing out your funds is similar in most online sportsbooks. Here’s a step-by-step overview of what a standard withdrawal looks like:
- Log in to your online sportsbook account.
- Go to the Cashier section.
- Select a withdrawal option you want to use.
- Enter the amount of money you’d like to withdraw. Pay attention to the minimum and maximum limits.
- Confirm your withdrawal.
- Follow the necessary steps to use the payment method you've selected. This step differs depending on the option you choose.
- Wait for the sportsbook to confirm your withdrawal request.
Sportsbook Withdrawal Payout FAQs
Which sportsbook has the fastest payouts?
Based on the table above, BetRivers, SugarHouse, and Betway have the fastest payouts. Please bear in mind that the withdrawal pending time is subject to change over time.
Why are sportsbook payouts slow at times?
Sportsbooks need to review each withdrawal request due to various regulations (mainly related to anti-terrorist financing and anti-money laundering). Therefore, the operator needs to run a series of checks before it makes sure it is safe to release your funds to you.
Why do I have to provide additional information about myself before withdrawing money from my sportsbook account?
Online casinos and sportsbooks are often required to run various KYC and AML verifications of users to comply with numerous regulations. Simply put, if such rules weren’t in place, gambling sites would be used for many money-laundering-related activities. By subjecting users to a verification process, they have put a stop to these practices.
Can I withdraw money from my sportsbook over the weekend?
You can request a withdrawal over the weekend, but most online sportsbooks only process payments during business days, so you’ll have to wait before you can receive your funds. For instance, if the average pending time is three business days and you make a withdrawal request on Saturday, you’ll probably have to wait until Wednesday to get your money.
Do I have to pay fees when withdrawing money from my sportsbook account?
Legal online sportsbooks in the U.S. usually do not charge any transaction fees. However, your bank might impose some transaction costs.
What is the fastest sportsbook payout method?
The fastest method is definitely cash at the cage, but it involves visiting the casino to cash out your winnings. If you don’t feel like traveling, e-wallets, such as PayPal and Skrill, are the next best thing. Also, Play+ users can withdraw their money pretty fast.
What is the slowest sportsbook payout method?
Waiting for a physical check to arrive takes the longest at 14 days on average. It is widely regarded as the slowest option for withdrawals.
What sportsbook withdrawal method is the safest?
All methods accepted by online sportsbooks that have been licensed in the U.S. are widely regarded as safe and secure. Still, if you want to be absolutely sure that you’ll receive your money, your best bet is to visit the casino cage.
What is the least sportsbooks will pay out?
In most cases, you’ll be able to withdraw as little as $10, but some operators might even offer lower withdrawal limits.
What is the most sportsbooks will pay out?
Sportsbooks usually don’t impose upper limits for payouts. Larger withdrawals may take more time to process, however.
Are there deposit methods I can't withdraw to?
Yes, if you use debit cards or credit cards (such as Mastercard) to deposit into your sportsbook account, you can't withdraw to them.
