Online Sportsbooks With the Fastest Payouts

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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.

On this page

Online Sportsbooks with the Fastest Payout Overview

Sportsbook

StatesPayout Methods & Speed

Betway

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

FanDuel

AZ, CO, CT, IL, IN, IA, LA, MI, NJ, NY, PA, TN, WY, WV, VA

PayPal – Up to 48 hours

Bank transfer – 2 to 4 business days

Check – 7 to 10 business days

DraftKings

AZ, CO, CT, IL, IN, IA, LA, MI, NH, NJ, NY, PA, TN, WV, WY, VA

PayPal – 3 to 5 business days

Check – 7 to 14 business days

Bank transfer – 3 to 5 business days

PointsBet

CO, IL, IN, IA, MI, NJ, NY, 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

BetMGM

AZ, CO, IL, IN, IA, LA, MI, NJ, NY, 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

Caesars

AZ, CO, IL, IN, IA, LA, MI, NV, NY, NJ, 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

BetRivers

AZ, CO, IL, IN, IA, LA, MI, NY, 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

SugarHouse

CT, NJ, 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

SI Sportsbook

CO, VA

PayPal – Up to 4 days

Play+ Card – Up to 4 days

Bank Transfer – Up to 3 days

WynnBet

AZ, CO, IN, LA, 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.

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:

  1. Log in to your online sportsbook account.
  2. Go to the Cashier section.
  3. Select a withdrawal option you want to use.
  4. Enter the amount of money you’d like to withdraw. Pay attention to the minimum and maximum limits.
  5. Confirm your withdrawal.
  6. Follow the necessary steps to use the payment method you've selected. This step differs depending on the option you choose.
  7. 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.

Dave Rathmanner

Dave Rathmanner is the Founder & CEO of Odds Assist. After struggling to find helpful sports betting resources and honest reviews when he first started betting, he decided to create the site he always wished he had. Dave has been betting on sports since NJ legalized it in 2018 and regularly analyzes sportsbooks to find the best options for bettors. Aside from creating new content for OA readers, Dave is also passionate about researching betting markets, creating models, and developing profitable betting strategies.