Cashing out your winnings after a successful bet is one of the most exciting moments in sports betting. But how often did you request a payout to find out that the reported timeframe was exceeded for several days or the payment was cancelled altogether? Μissing verification documents or incomplete bonus wagering are among the most common reasons. Like you, such mishaps also frustrate us. Therefore, we have developed the Withdrawal Speed Rating (WSR) algorithm, calculating the actual payout time.
In the following table, you can sort all bookmakers operating in your country by the WSR. Moreover, you can re-order these fast withdrawal betting sites based on their minimum payout amount and expected transaction charges. Note that we did not rate an instant withdrawal betting app, as the delay shouldn't differ if you are logged in on your PC or smartphone.
Instant Withdrawal Betting Sites
The best online sportsbooks with quick payouts offer various payment options, real processing times, and transparent terms. Every method comes with a standard duration. For example, bank transfers and credit/debit card withdrawals need 2 to 5 working days to reach your account, while Crypto and wallets need less than 24 hours. However, a common practice, especially in small bookies, is that the real-time differs from the advertising time.
For instance, payouts to Skrill need a few minutes at most. However, if you consider the additional time required for an internal review of the bookmaker's payment, that time could go up to 3 days and remain within the average. Hence, our ongoing research focuses on each operator's total period to complete a payout request. This is where WSR comes into play and distinguishes slow from fast withdrawal betting sites.
Also Read: What is a bookie calculator?
How does Withdrawal Speed Rating work
As stated above, withdrawal Speed Rating or WSR calculates the time needed for the complete payout process, from required verification documents to the internal sportsbook processing time. In short, it shows you an estimate for the funds to appear in your account.
The rating model is based on 60% of our team’s assessments and 40% on players’ feedback and internet/forum research. We update the rating every month. Our team’s results differ from other websites' results because we use real money accounts. Actual withdrawal speed and transparency of terms are among the critical factors. We also check whether each bookmaker's customer service still offers helpful assistance.
How to find the Fastest Withdrawal Betting Sites
A convenient and swift withdrawal process is the deciding factor in which sportsbook has the quickest payouts. Thus, you have to consider all the features that can affect it. From the time needed and possible fees to bonus wagering and the bookie's reliability.
- Speed: A fast withdrawal bookmaker is first and foremost labelled as such because of its speed. Instant Payout Betting Sites go to great lengths to pay players’ winnings as quickly as possible. However, it is worth noting that each payment method has its timeframe. It could be instantaneous with crypto or take 24 hours for e-wallets and three to five working days with cards and bank transfers.
Also, payout requests might face internal delays in the bookmaker due to workload or a lengthy review. That time does not usually count in the declared timeframe. Most bookmakers also opt to process withdrawals on weekends, so you will not have to wait an additional 48 hours.
- Closed-loop policy: The rule for all sportsbooks dictates that your cashout method must always match the deposit one. It has been implemented due to anti-money laundering regulations and applies to every betting site. Nevertheless, if your deposit is small (like £/€50 or less), some low deposit betting sites might allow you to withdraw it to a different banking method as a one-time exception.
- Reliability: At the beginning of online betting, some bookmakers made absurd excuses for not paying players' winnings. Nowadays, most bookmakers adhere to regulations and operate as legal entities. Therefore, they process all withdrawals professionally and ensure that players’ funds are secure.
- Fees: Since every transaction has to go through a payment processor, bookmaker withdrawal fees might come into play. The good thing is that the best betting sites for withdrawal absorb the expenses needed for the payouts. Still, when you withdraw funds from your wallet or credit/debit card to your bank account, you will be liable to fees, depending on your bank.
- Extra verification documents: For a payout to go through, the player’s account must be verified with an ID and proof of address, such as a utility bill. The payment method also has to be verified. Credit/debit cards need to be corroborated with a front-side photo. Wallets need to be verified with a screenshot of the account details, while bank transfers need a photo of your bank statement or account details.
- Bonus wagering: If you have claimed a welcome bonus or a free bet, the funds credited must be rolled over several times (depending on the offer). Unless you do that, winnings will not be available for withdrawal.
- Minimum and maximum limits: Each withdrawal method has different minimum and maximum limits, which also depend on the sportsbook. As a rule of thumb, the minimum payout limits tend to be lower for wallets and cards than bank transfers, while the maximum caps are much higher for cards and bank transfers than wallets. Also, some second-tier betting sites limit how much each player can withdraw per week and month.
For example, you can find a bookmaker with a monthly limit of €10,000, a weekly €2,500 and a daily € 500. With a different bookie, the monthly limit could be €5,000, while the weekly and daily expenses may be removed.
- Availability of local currency: Another important aspect is if your preferred currency is available to your best-paying bookmaker. If this is not the case, you could face hefty currency conversion fees, reducing your winnings.
- Deposit wagering: All deposits to your account must be rolled over at least once before a withdrawal request can be made. Again, that rule has been implemented to avoid money laundering cases. Have you ever wondered why do bookies restrict accounts? That is one of the main reasons.
In-depth Review of Fast Withdrawal Betting Options
Payment methods play a vital role in the overall payout process. While fast withdrawal betting sites review your request immediately, the payment vendor might jump in and cause delays to your withdrawal. In any case, all payouts require a review by the bookmaker, which could take a few minutes to several hours. Therefore, you should be familiar with the withdrawal options and check how they compare against each other.
- 1 Credit/Debit cards: One of the oldest banking options is available to almost every good online sportsbook. The average payout time is 3-5 working days, and most bookmakers charge no fees for transactions. Minimum withdrawal limits start from £/€5, and the maximum can go up to £/€30,000. If you use this method, the fees for withdrawing from your sportsbook should be zero. Remember that Mastercard and Maestro cards might be restricted from withdrawals in specific countries.
- 2 Wallets: Skrill, Neteller and ecoPayz, among others, have been very popular bookmaker withdrawal options. Payout times range from 0-24 hours, and again, they are free of charge. Limits start from £/€10 and can reach £/€10,000. There are no fees when receiving money from your bookie, but there will be fees when you transfer funds from your wallet to your credit/debit card or bank account.
- 3 Bank Transfers: Many players opt to deposit and withdraw via bank transfer because of this method's reliability. The average payout time is 2-5 working days unless the brand supports local/instant transfers. In any case, the sportsbook can charge extra fees. Players can ask for as low as £/€10 to £/€50,000.
- 4 Crypto: A growing option for the fastest withdrawal betting that allows instant payouts on top of unparalleled privacy. Currencies such as Bitcoin and Ethereum tend to have a minimum withdrawal limit of 0.001 BTC to cover the network charges. The good thing is that there is usually no upper limit.
- 5 Vouchers: The most prominent one, Paysafecard, allows for withdrawals in 24 hours to the wallet connected to your account or via bank transfer in 3-7 working days. The minimum limit can be £/€5 while the maximum £/€2,000.
- 6 Mobile Credit: If you deposited with Apple or Google Pay, you can only withdraw it from your credit/debit card. The card limits and time frame above also apply here.
The following table provides a roundup of the payout times. Remember that we always calculate the time it takes for the bookmaker to review your withdrawal request.
Payment Method | Average Processing Time | Transaction Charges |
Bank Transfer | 2 to 5 Business Days | No Fees |
Cards | 1 to 5 Business Days | No Fees |
Mobile Wallets | N/A | N/A |
Vouchers | 1 Hour to 3 Days | Third-Party Charges |
E-wallets | 1 Hour to 3 Days | Third-Party Charges |
Crypto | 0 to 24 Hours | Network Fees |
Also Read: How is cash out calculated?
How to ask for a withdrawal
The best betting sites for withdrawal have a simple payout process. After your bet settlement, the winnings will appear in your bankroll, so click on the Cashier. Then choose Withdraw. Enter the amount you want to take out, then select the payout option (remember, it must always match the deposit one). Once done, confirm the transaction shortly after receiving an email from the bookmaker regarding the payment details.
In an ideal world, that would finish the process, and the funds should reflect in your payment vendor instantly. However, as we will see, this is not always the case. Several issues can come up and delay the payout.
Most Common Bookmaker Withdrawal Problems
Nothing is more frustrating for a player than delaying or cancelling his withdrawal. That can stem from several factors we will review, including the necessary steps to avoid a slow withdrawal. We will also examine how to report a bookie.
❌ Delays in the Payments department of the bookmaker: An increased workload or an additional review of your request might add up to the bookmaker withdrawal time needed for your payment to go through. Remember that this delay (known as the ‘’pending period’’) is not considered in the average time frame required for a withdrawal. Always check for feedback on payout speed before choosing a bookmaker.
❌ Extra verification is needed: Always verify your online betting account once you register and make your first deposit. A photo of your ID, a utility bill, and proof of your payment method will save you time and accelerate any payout request. Nevertheless, even Instant Payout Betting Sites can request additional verification, such as selfies. Make sure to comply so your payout will process much faster.
❌ Review of your banking institution's payment: Even the best online sportsbook for payouts has little power if your bank decides to check your betting activity. Some banks consider gambling a suspicious habit; therefore, take extra measures to review your incoming payments' legitimacy. If the bookmaker has a license in your country, all payouts should be processed with no issues. However, if you gamble on a grey bookmaker, you should withdraw lower amounts or use a wallet or Crypto.
❌ Trying to withdraw using a different method than the one you deposited with: If one rule trumps all, your withdrawal method must always match the deposit one. That is a legal requirement from anti-money laundering agencies and applies to all sportsbooks.
❌ Attempt to withdraw to a different person’s account: A direct consequence of the above rule is that you can only use payment methods issued in your name. Stay away from using another person’s banking product.
❌ Bonus rules: If you play with a bonus, it always has a wagering requirement (subject to the offer). You must fulfil it to request a payout from your fast payout betting site. In any other case, your request will be denied.
Expert’s View on Fast Payout Betting Sites
Gambling has always been a zero-sum game for both bookmakers and players. A high risk is involved, especially when a large amount of money is at stake. What is expected from both sides is to agree to a fair and responsible game adhering to the reported Terms and Conditions.
If a player violates bonus rules, follows arbitrage betting and has multiple accounts on the same platform, it becomes evident that they cannot ask for a payout. But even if you didn't do any of this, some bookmakers change terms to their favour and do not honour player winnings. For this, you must always report the operator by looking up its licensing committee and leaving feeding online.
However, payout delays can happen even when both sides are honest and adhere to the rules. I know that most common delays occur due to incomplete bonus wagering or insufficient bookmaker KYC verification and documentation on the player's end. Players should proactively complete bonus rollover and account verification to save valuable time.
At the same time, bookmakers need to be more transparent with terms, mainly when it is necessary to review the withdrawal request. A promotion without clear terms can confuse bettors because it is not calculated in the reported timeframe. This will lead to bad reviews, and brands could close business on this account. It counts as a red flag if withdrawals and promotions don't have clear terms. Brands not paying players' winnings will quickly enter our scam bookmakers section.
We will always review player requests, as many follow the Terms and still face withdrawal difficulties. Nevertheless, we sometimes get complaints from players who did not receive payouts, only to find out after that it happened due to fraudulent activity. You must know the general practices that are frowned upon since they will get you flagged on most platforms. Lastly, in the search for instant payout betting, you must remember that small delays are always better than confiscated winnings.
Credit/debit cards, wallets, bank transfers, and Crypto are the staple bookmaker withdrawal options. Availability can vary on the bookmaker and the market. For speed and privacy, Crypto and wallets are the way to go. Credit/debit cards and bank transfer are the most traditional options with top reliability levels but slower times.
Most sportsbooks do not charge any fees unless you withdraw via bank transfer. However, there will be charges when you withdraw from your credit/debit card or wallet to your bank account. Crypto payouts are not subject to bookmaker withdrawal fees.
Most bookmakers offer different payout limits for each sport. For major football competitions such as the Champions League or the Premier League, maximum winnings in 24 hours can go as high as £/€2,000,000, while in Formula 1 or Cricket can go up to £/€200,000.
The average time for a payout to a credit/debit card is 3-5 working days, while for wallets is usually 0-24 hours. For a withdrawal via bank transfer, the average bookmaker withdrawal time is 3-7 working days, and for Crypto, the payout is instant.
The withdrawal method must always match the deposit one. So, if you deposited with a debit card, you have to withdraw with the same card. That applies to all bookmakers, and it has been put in place due to anti-money laundering regulations.