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Fast withdrawal betting sites are relatively new in the online sports betting industry, but it’s been a welcome introduction. Quick payouts can help to relieve stress for players when they are waiting to receive their winnings.
While someone’s perception of what’s ‘fast’ will vary, betting sites with fast withdrawal options are generally bookmakers that can return funds to their customers within 24-48 hours. It’s also possible to achieve a withdrawal within as little as 1 hour. In this guide, we’ll take a look at the top sportsbooks with fast withdrawals and why it’s important.
To help you on your search for fast withdrawal betting sites, here’s a selection of our favorites. The below bookmakers are available across the globe and are particularly US friendly sportsbooks.
Sportsbook | Min Withdrawal | Fastest Option | Payout Speed |
---|---|---|---|
Stake.com | Varies | Cryptocurrency | 1 hour |
BetMGM | $10 | PayPal | 24 hours |
FanDuel | $10 | Debit Card, PayPal, Venmo, Prepaid Play+ | 24 hours |
DraftKings | $1 | Apple Pay, Trustly, Debit Card | 24 hours |
Bet365 | $10 | PayPal, Paysafecard | 24 hours |
Roobet | $10 | Cryptocurrency | 1 hour |
Modern life is all about two things; speed and convenience. So, why would the online sports betting industry be any different? Although, we have to admit, online betting has taken a little while to catch up. Let’s face it, when you place a bet at a local horse racing event, you receive your money back straightaway. But these days, online sports betting websites with fast withdrawals are now the standard.
The introduction of payout speeds has had a crucial role in improving the online betting industry. Players can now take advantage of time-sensitive withdrawals to move funds around as/when they need to.
But it’s not just the customers who are benefiting from quick payouts, as it’s just as beneficial to bookmakers. We’ll put it this way, customers are far more likely to return to use an operator if they receive a fast service. But if the sportsbook keeps hold of players’ winnings for an extended amount of time, they could be in real danger of losing their customers.
Before you can request a withdrawal with an online bookmaker, you must first verify your account. This will usually need to be done either upon registration or just before your first withdrawal. While the exact process will change from site to site, here’s what you might need to produce:
The matter in which you are asked to submit the above documents will vary. You could be asked to send them via email or by uploading them to your account. Either way, once you have submitted these documents, the sportsbook will verify and process the information. This procedure might take up to a few working days but to ensure that there are no delays, you should double-check that you have provided accurate and up-to-date documentation.
When it comes to picking a new fast withdrawal betting site there are some aspects and features to look out for to make sure you are making the right choice. Here’s a quick list of some of the main factors to weigh up:
If you have a preferred method of payment, then it’s crucial to verify that your chosen sportsbook accepts this option. But keep in mind that your sportsbook will have varying internal processing times. Generally, e-wallets are fantastic for quick payouts, so look out for options like PayPal, Neteller, Skrill, and so on.
Not all payment options provide the same withdrawal speed at every sportsbook. This is because the internal processing time varies from site to site. For example, while PayPal might be the fastest option for selected bookmakers, debit cards can be quicker elsewhere. If you’re concerned about speed, rather than stick with the same payment method, we recommend verifying the fastest option at all sportsbooks you visit.
All online sportsbooks have minimum and maximum withdrawal limits, which tell you how much you can request per transaction. Generally, you can expect to find minimum withdrawal requirements of around $5 – $10.
The last thing you want is to request a payout and get hit with an additional fee, which eats into your winnings. Fees aren’t too common, so most fast withdrawal betting sites won’t apply these anyway, but it’s always worth checking.
You should never overlook the reputation and safety of an online sportsbook. It’s always worth checking for trustworthy payment options, licensing details, and website security such as SSL encryption.
In summary, fast withdrawal betting sites have a lot to offer both sports bettors and online bookmakers. As a customer, you get to benefit from quick access to your funds, rather than waiting up to 7-14 working days which is standard within the industry.
You might be surprised to hear that most leading sportsbook brands offer rapid payouts, with some of the top brands being added to our recommended list. Online bookmakers such as Stake.com, BetMGM, and DraftKings, offer fast payouts and are some of the best operators out there.
Just keep in mind that there are some factors you must consider when shopping around for your latest sports betting site. You should always consider aspects like safety, availability of payment methods, withdrawal speed, limits, and fees.
While ‘fast withdrawals’ can come down to personal judgment. For example, it’s possible to find options to receive your funds in as little as 1 hour. But, generally speaking, fast withdrawals are typically when a site can release your winnings within 1-2 working days.
Once you have submitted your payout request, there’s very little you can do to increase the speed. But before you do anything, you should always check which option is the fastest at your chosen sportsbook. You can also prevent delays by making sure that your verification check has been approved first.
Yes, the size of your payout could influence how fast you receive your winnings. For example, larger withdrawals can take longer to process because the sportsbook wants to make sure that everything is above board.
Users must be 18+. If you are having trouble with gambling then help and advice can be found at responsiblegambling.org